Gcore raises $60 million in Series A funding and preps investment in its AI technology and platform

Gcore, a global edge AI, cloud, network, and security solutions provider, 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 (HRZ), this marks the company’s first external capital raise since its inception more than ten years ago.

The funds will be invested in Gcore’s technology and platform, including AI servers powered by NVIDIA GPUs.

"Gcore has been our partner for over ten 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," says Sean Lee, Chief Corporate Development Officer at Wargaming.

"We’re excited to invest in Gcore, a leading player in the AI IaaS space, in a booming market with CAGRs of over 40%,” says Matthias Winter, Managing Partner at Constructor Capital.

“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.” 

“We are thrilled to invest in Gcore for its forward-thinking approach to global low-latency AI infrastructure and innovative edge AI solutions,” says Christopher Koh, Managing Partner at 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,” says Andre Reitenbach, CEO at 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.”