Gcore, the global edge AI, cloud, network, and security
solutions provider, today announced it has secured $60 million in
Series A funding from institutional and strategic investors. Led by
Wargaming, and with participation from Constructor Capital and Han
River Partners, this marks the company’s first external capital
raise since its inception more than 10 years ago. The funds will be
strategically invested in Gcore’s technology and platform,
including cutting-edge AI servers powered by NVIDIA GPUs, to drive
AI-led innovations. This investment underscores Gcore’s commitment
to delivering advanced edge AI solutions that enhance cloud
resource efficiency and ensure data sovereignty.
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Gcore, the global edge AI, cloud,
network, and security solutions provider (Graphic: Business
Wire)
Public organizations, telcos, and global corporations entrust
Gcore with their edge workloads due to its expansive network,
strong presence in emerging markets, and proven cloud capabilities
in AI training and inference. Gcore serves customers across diverse
industries, including media and entertainment, gaming, technology,
financial services, and retail.
Built for the edge and addressing a $200bn+ market opportunity,
Gcore’s cloud infrastructure powers both the training of large
language models (LLMs) and the inference of AI applications at the
edge. This is enabled by Gcore’s global network of over 180 edge
nodes across six continents, including 25+ cloud locations, with a
total network capacity exceeding 200 Tbps.
"Gcore has been our partner for over 10 years, helping us
deliver games to hundreds of millions of players worldwide. We are
excited to support the company on this journey and look forward to
helping them become uniquely positioned to lead high-speed AI model
training and inference anywhere in the world," said Sean Lee, Chief
Corporate Development Officer of Wargaming.
"Constructor Capital is excited to invest in Gcore, a leading
player in the AI IaaS space, in a booming market with CAGRs of over
40%. We believe in Gcore’s unique value proposition as a
comprehensive provider offering a wide range of edge solutions,
high automation, attractive TCO, extremely low latency, and an
experienced management team. We look forward to a successful
journey together in the years to come," added Matthias Winter,
Managing Partner of Constructor Capital.
“We are thrilled to invest in Gcore for its forward-thinking
approach to global low-latency AI infrastructure and innovative
edge AI solutions,” said Christopher Koh, Managing Partner of HRZ.
“We are especially impressed by their leadership in APAC,
collaboration with world-class partners, and strategic alignment
with emerging AI opportunities in the region.”
“We are on the cusp of an AI revolution that will transform how
companies operate,” said Andre Reitenbach, CEO of Gcore. “Gcore is
perfectly positioned to connect the world to AI, anywhere and
anytime, by delivering innovative AI, cloud, and edge solutions.
The growing demand for AI infrastructure from enterprises and SMBs
alike highlights the importance of this significant investment. We
are thrilled by the support of investors like Wargaming,
Constructor Capital, and Han River Partners as we enhance our
extensive network of AI servers and reinforce the powerful edge
services we offer.”
About Gcore
Gcore is a global edge AI, cloud, network, and security
solutions provider. Headquartered in Luxembourg, with a team of 600
operating from ten offices worldwide, Gcore provides solutions to
global leaders in numerous industries. Gcore manages its global IT
infrastructure across six continents, with one of the best network
performances in Europe, Africa, and LATAM due to the average
response time of 30 ms worldwide. Gcore’s network consists of 180
points of presence worldwide in reliable Tier IV and Tier III data
centers, with a total network capacity exceeding 200 Tbps.
gcore.com
About Wargaming
Wargaming is an award-winning online game developer and
publisher headquartered in Nicosia, Cyprus. Operating since 1998,
Wargaming has grown to become one of the leaders in the gaming
industry with 15 offices around the world, including studios in
Chicago, Prague, Shanghai, Tokyo, Vilnius, Kyiv and Guildford.
Millions of players enjoy Wargaming's titles across all major
gaming platforms. Our flagship products include the free-to-play
hits World of Tanks, World of Warships and World of Tanks
Blitz.
wargaming.com/en/
About Constructor Capital
Constructor Capital is a science-based global Venture Capital
fund specializing in investments in early-stage startups within the
software and deep technology sectors. The company offers financial
investment, mentorship, and strategic support to innovative
companies, focusing on scalable products through research and
science. Constructor Capital primarily serves sectors such as
software technology, deep technology, and education technology.
constructor.capital
About Han River Partners
Han River Partners (HRZ) is a globally minded venture investment
firm with a focus on the Korea-graph, fundamentally driven by
transformative opportunities emerging through disruptive
technological innovation.
www.hrz.vc
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