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Liquid Compute

New York, United States · founded 2024 · ≈12 employees · Securities and Commodity Exchanges · liquidcompute.com

Liquid Compute (formerly Pluto, Y Combinator W24) is building a physical order book and grid that matches buyers and suppliers of GPU capacity across time, location and hardware. It plans to add a regulated financial layer of cash-settled markets on top. Customers are AI startups, neocloud providers, data centers and lenders. In September 2026 it emerged from stealth with a $15M seed round co-led by FirstMark and Chemistry. It has pending CFTC applications for Designated Contract Market and Derivatives Clearing Organization status. Founders are CEO Ronit Jain and Aarav Patel.

Funding

1
Every round, secondary, debt facility or acquisition involving Liquid Compute that AI Lounge tracks, newest first. Latest: Seed on Sep 15, 2026.

Timeline · 2

Sep 15, 2026
Round
Seed · $15M at $81M · FirstMark Capital, Chemistry
Sep 15, 2026
Deal

In the news

1
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