According to a report by The Information on June TechFlow, Hydra Host, an AI server brokerage and data center software startup, has completed a new round of financing of $100 million, valuing the company at approximately $800 million. This round was led by Kindred Ventures, with participation from NVIDIA, ARK Invest, Magnetar, and existing shareholders Founders Fund and Flume Ventures.
Founded in 2021, Hydra Host initially served crypto miners but has since transformed into a provider of automation software for data center operators and handles AI server transaction matching.



