Tokenized GPU startup Exabits completes $15 million seed round with a valuation of $150 million, led by Hack VC

Exabits, a crypto AI startup focused on tokenized GPUs, has raised $15 million in a seed round led by Hack VC at a $150 million valuation, with participation from several other unnamed investors. Co-founder Hoansoo Lee said Exabits began raising funds in July and closed in October. He declined to comment on the structure of the round, but said tokens will be launched in the future. Lee said the seed round brings Exabits’ total funding to $20 million. Earlier this year, the company raised an undisclosed Pre-Seed round, followed by an undisclosed strategic round led by Portal Ventures, totaling about $5 million. (The Block)