Fluidstack Seeks $1B Funding at $18B Valuation to Expand Web3 Cloud Infrastructure

Gate News message, April 14 — Cloud computing startup Fluidstack is in talks with investors to raise approximately $1 billion at a target valuation of $18 billion, according to Bloomberg citing sources familiar with the matter. The funding round aims to accelerate business expansion and strengthen the company's position in decentralized cloud computing and Web3 infrastructure.

Fluidstack provides decentralized cloud computing services, offering cost-effective computing power to blockchain projects and the broader cryptocurrency ecosystem. If completed, the funding will support enhanced R&D capabilities and global business expansion.