Nexthop AI, an American artificial intelligence infrastructure company, has closed a $110 million funding round led by Lightspeed Venture Partners with participation from Kleiner Perkins, WestBridge Capital, Battery Ventures, and Emergent Ventures.
The company develops advanced AI infrastructure technologies specifically designed for cloud computing services. Nexthop AI focuses on creating customized network solutions that combine both hardware and software tailored to each client’s unique requirements.
The funding announcement coincides with the company’s official launch today. Nexthop AI had been operating in stealth mode since its founding in 2024 before revealing its products and services to the market.
In February, the VC giant co-led satellite platform developer k2 space’s $110 million Series B with Altimeter capital.
It also participated in a slew of big rounds, including autonomous surface vessels maker Saronic’s $600 million Series C, medical document startup Abridge’s $250 million round, and application security startup Semgrep’s $100 million Series D.
This month, it led Anthropic’s huge $3.5 billion funding round that valued the startup at $61.5 billion. Lightspeed also co-led Reflection.Ai’s $105 million Series A announced this month.
Reflection AI is developing “superintelligence,” what it calls an AI system capable of performing most work that involves a computer.