# On-demand GPU Startup Andromeda Raises Funding at $1.5B Valuation

> **Platform:** [SPIDITS AI](https://spidits.com/) — Real-Time AI News & Market Intelligence  
> **Published:** 2026-03-18T12:00:00.000Z  
> **Category:** FUNDING  
> **Impact Score:** 180/100  
> **Primary Source:** [SiliconANGLE](https://siliconangle.com/2026/03/18/demand-gpu-startup-andromeda-raises-funding-1-5b-valuation)  
> **Canonical Citation:** [https://spidits.com/timeline/on-demand-gpu-startup-andromeda-raises-funding-at-1-5b-valuation](https://spidits.com/timeline/on-demand-gpu-startup-andromeda-raises-funding-at-1-5b-valuation)

## Executive Summary
Andromeda AI Inc., a startup that helps companies rent artificial intelligence infrastructure, has closed a new funding round at a $1.5 billion valuation.

## Key Entities & Companies
- **NVIDIA**

## Referenced Coverage & Sources
- **[SiliconANGLE](https://siliconangle.com/2026/03/18/demand-gpu-startup-andromeda-raises-funding-1-5b-valuation)**: On-demand GPU startup Andromeda raises funding at $1.5B valuation — _Andromeda AI Inc., a startup that helps companies rent artificial intelligence infrastructure, has closed a new funding round at a $1.5 billion valuation. Upstarts Media reported today that the capital was provided by Paradigm, a venture capital firm focused on the crypto sector and emerging..._

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*Synthesized by SPIDITS AI Market Intelligence Desk. Track live AI news, model releases, and funding: [https://spidits.com](https://spidits.com)*