Silicon Data Secures $30.5 Million Series A Funding, Led by Valor Atreides AI Fund

Odaily News: GPU market data infrastructure company Silicon Data has announced the first closing of its $30.5 million Series A funding round, led by Valor Atreides AI Fund, with participation from CME Ventures, DRW, Samsung Next, VanEck, Jump Trading, Wintermute, and others. The funds will be used for GPU benchmark pricing, performance measurement, institutional and alternative data, as well as risk infrastructure for derivatives, insurance, and credit markets.

Silicon Data currently collects data from approximately 100 GPU rental platforms across more than 40 countries worldwide, processing over 150,000 verified price records daily. CME Group plans to adopt Silicon Data's benchmarks as the reference price for its proposed cash-settled GPU futures contracts, pending regulatory approval.