Ritual logo — Introducing an open, modular, and autonomous AI execution la...

Ritual

Introducing an open, modular, and autonomous AI execution layer connecting a network of nodes for compute and model development

11-50 employees Total: $25.00M Blockchain, Information Technology +1

General Information

Company Name Ritual
Employees 11-50
Industries Blockchain, Information Technology, Internet
Social

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About Ritual

Ritual is a startup that aims to address existing issues by introducing an open, modular, and autonomous AI execution layer. This platform connects a network of nodes for compute and model development, effectively creating a distributed network with access to these resources. The company operates within the industries of Blockchain, Information Technology, and Internet.

The last investment in Ritual took place on 13 June 2024, with Jets Capital participating in the funding round. While the specific founding date and headquarters location are not available, the company's innovative approach to AI execution and its connection to promising technologies make it an interesting prospect for potential venture capital investment.

Taxonomy: AI execution layer, modular infrastructure, autonomous computing, distributed network, compute accessibility, model development, AI ecosystem, network connectivity

Funding Rounds & Investors (3)

View All
Funding Stage Amount Investors Lead Investors Date
Funding Round Undisclosed 1
Jets Capital
13 Jun 2024
Venture Round Undisclosed 1
Polychain Capital
08 Apr 2024
Series A $25.00M 7
Accomplice, Robot Ventures +5
08 Nov 2023

Ritual Alternatives & Competitors

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Ritual vs
Akamai Technologies
Akamai Technologies United States

A cloud service provider

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10537 employees
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Ritual vs
CodeSandbox
CodeSandbox The Netherlands

High-performance VM sandboxes for development teams and programmatic code execution at scale. A Toge...

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Ritual vs
Subspace Labs
Subspace Labs United States

Subspace is an open, scalable platform for both storage and compute that is fully interoperable with...

35 employees
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FAQ About Ritual

Introducing an open, modular, and autonomous AI execution layer connecting a network of nodes for compute and model development
Ritual operates in Blockchain, Information Technology and Internet. Its work centres on AI execution layer, modular infrastructure, autonomous computing and distributed network.
Ritual has approximately 11-50 employees.
Ritual has completed 3 funding rounds, raising a total of $25.00M.
Top alternatives and competitors to Ritual include Akamai Technologies, CodeSandbox, Subspace Labs, DistributiveLabs, OmniMesh Technologies. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Ritual and Akamai Technologies are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Ritual, https://bouncewatch.com/company/ritual-1, updated 27 December 2024. When citing, please name BounceWatch and link this page.

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