The Indian startup ecosystem has set a new record by bagging another round of funding in a few sectors like Climate tech, Travel, Aviation Tech, Retail Apparel and Fashion, Chemical Manufacturing & Digital Entertainment marks another win for the startupreneurs by raising funds and updating the growth probability and standardizing the products and services. The week went by successfully witnessing funds in every stage of funding from Pre-Seed, Pre-series, Seed, Series C, & others.

Funding News: Nexthop AI Raises $110M Led by Lightspeed to Disrupt AI Infrastructure Networking

Startup: Nexthop AI

Founder: Anshul Sadana

About us: Nexthop AI is an infrastructure startup building the most efficient Al infrastructure for the world's largest cloud operators. We are a cohesive team of seasoned industry experts, who through their collaborative product design as well as system and network engineering capabilities are leading the charge on disruptive technical innovation for AI and Cloud networking.

Founded Year: 2024

Office: California, US, Canada, and Begaluru, India

Sector: Computer Networking Products

Funding Round: Seed and Series A

Investors: Lightspeed Venture Partners (Lead), Kleiner Perkins, WestBridge Capital, Battery Ventures, Emergent Ventures

News: One of the up-and-coming stars in the AI infrastructure space, Nexthop AI, has raised $110 million in funding to drive its bold mission to revolutionize cloud providers' approach to designing and deploying AI computing networks. The startup's mission has resonated with some of Silicon Valley's leading venture capital firms.

The $110 million seed and Series A funding round is led by Lightspeed Venture Partners, with other prominent investors being Kleiner Perkins, WestBridge Capital, Battery Ventures, and Emergent Ventures. This significant investment is a testament to Nexthop AI's innovative solution to the intricate networking issues that cloud providers and hyperscale AI clusters face.

Website: http://nexthop.ai