About
Gensyn is building a decentralized protocol to connect underutilized GPUs and CPUs for machine learning training. Raised $43M Series A led by a16z crypto with participation from CoinFund and Protocol Labs ($50M+ total). Founded in London by Ben Fielding and Harry Grieve. Aims to make AI compute more accessible to startups and researchers competing against Big Tech. Token sale planned for late 2025.
Key Facts
- [1]Funding: Total funding: $51M. Last round: Jun 2023. Stage: Early Stage.
- [2]Employees: Employee count: 11-50.
- [3]Company Type: Token company (token-based project).
- [4]Web3: Web3 and blockchain technology company. Token-based project.
- [5]Website: Official website: gensyn.ai.
- [6]AI Technology: Core AI/ML technologies: Infrastructure.
- [7]Region: Region: EMEA (United Kingdom).
Founders
Ben Fielding
Co-founder & CEO
Harry Sherburn
Co-founder & CTO
AI Technology
Infrastructure
AI/ML infrastructure, compute networks, and tooling
Classification
Market Segments
Tech Stack Layers
Details
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Frequently Asked Questions
What is Gensyn?
Gensyn is building a decentralized protocol to connect underutilized GPUs and CPUs for machine learning training. Raised $43M Series A led by a16z crypto with participation from CoinFund and Protocol Labs ($50M+ total). Founded in London by Ben Fielding and Harry Grieve. Aims to make AI compute more accessible to startups and researchers competing against Big Tech. Token sale planned for late 2025. Gensyn is classified in the Crypto & Web3 segment at the Infrastructure layer of the financial AI stack.
Who founded Gensyn?
Gensyn was founded by Ben Fielding (Co-founder & CEO) and Harry Sherburn (Co-founder & CTO).
How much funding has Gensyn raised?
Gensyn has raised $51M in total funding, placing the company at the Early Stage stage. The most recent round closed in Jun 2023. Among 38 funded Crypto & Web3 companies, Gensyn ranks #20 by total capital raised. (Source: AIFI Map directory.)
What AI technology does Gensyn use?
Gensyn primarily leverages Infrastructure technology. AI/ML infrastructure, compute networks, and tooling. Within the Crypto & Web3 segment, 28 companies use this technology.
What market segment does Gensyn operate in?
Gensyn operates in the Crypto & Web3 market segment. AI-powered crypto and Web3 companies operate at the intersection of artificial intelligence, blockchain technology, and decentralized finance. This segment includes DeFi protocols enhanced by AI, crypto trading platforms, blockchain analytics tools, and the emerging category of on-chain AI agents.
Where is Gensyn headquartered?
Gensyn is headquartered in London, United Kingdom. The company operates in the EMEA region. The team consists of 11-50 employees. United Kingdom is home to 33 financial AI companies tracked by AIFI Map.
Who are Gensyn's competitors?
Companies similar to Gensyn in the Crypto & Web3 space include Stripe ($9.8B raised), Natural ($10M raised), Catena Labs ($18M raised), Virtuals Protocol (VIRTUAL) ($16M raised), VaderAI. These companies operate in related areas of financial AI: Stripe focuses on ai-powered payments platform with fraud detection. Natural focuses on payments infrastructure for ai agent transactions. Catena Labs focuses on building payment rails for ai agents. (Based on AIFI Map classification data.)
What products does Gensyn offer?
Gensyn builds infrastructure-layer solutions for the financial services industry. The company's core offering: Decentralized ML compute network. The platform is powered by Infrastructure technology.
Is Gensyn publicly traded?
Gensyn operates as a token-based project rather than a traditional equity-backed company. It is a Web3-native platform leveraging blockchain and decentralized finance.
Does Gensyn use Web3 or blockchain technology?
Yes, Gensyn incorporates Web3 and blockchain technology. Decentralized ML compute network. The project operates as a token-based platform. Gensyn is part of the Crypto & Web3 segment in the AIFI directory.