Gensyn
Company Summary
Gensyn is building a decentralized machine learning compute protocol that lets AI developers train models on any compute device worldwide. It schedules training workloads across a global network, verifies accuracy cryptographically, and handles payments—all through permissionless software.
The Problem
Demand for AI compute is skyrocketing, but access to GPUs is limited and expensive. AI teams face shortages, high costs, and vendor lock-ins that hinder innovation and scalability.
The Solution
Gensyn turns underused hardware—like datacenter GPUs or personal laptops—into a global AI compute marketplace. Developers dispatch jobs via the protocol, which schedules computations, verifies results, and automates payment. This network for machine intelligence unlocks vast compute capacity at fair-market prices.
Funding
In June 2023, Gensyn raised $43M in a Series A led by A16z Crypto, with participation from CoinFund and Protocol Labs. The company has raised over $50M to date, including a prior Seed round led by Eden Block.
Founders
Ben Fielding
CEO
Ben holds a PhD in Neural Architecture Search for Deep Learning and Computer Vision. Prior to joining Entrepreneurs First and cofounding Gensyn, he cofounded a data privacy / sovereignty startup.
Harry Grieve
CTO
Harry holds a Postgraduate degree in Econometrics and Quantitative Economics from Brown University. Before cofounding Gensyn at Entrepreneurs First, he led the data research team from Seed through to Series B at applied machine learning startup Cytora.