RNDR Token

company

About

RNDR Token enables distributed GPU rendering on the blockchain, using OctaneRender.

Details

Last Funding Type
Funding Round
Industries
Blockchain,Computer,Cryptocurrency
Founded date
Jan 1, 2008
Number Of Employee
51 - 100
Operating Status
Active
Also Known As
Render,Render Token

RNDR is OTOY’s token based rendering network. It enables distributed GPU rendering on the blockchain, using OctaneRender which is the world’s first and fastest GPU-accelerated, unbiased, physically correct renderer. Octane uses the graphics card in networked computers to render photo-realistic images super fast. With Octane’s parallel compute capabilities, users can render works in a fraction of the time, and at a better cost than centralized services. RNDR is currently the fund’s only pure utility token investment — in a use case where the token is actually delivering utility in a network, using proven technology to deliver a service with a real and strong market.

Funding Rounds

Number of Funding Rounds
Total Funding Amount
2
$30M
RNDR Token has raised a total of $30M in funding over 2 rounds. Their latest funding was raised on Dec 21, 2021 from a Initial Coin Offering round.
Announced Date Round Money Raised Number of Investors Lead Investors Post Valuation
Dec 21, 2021 Initial Coin Offering $30M 6 Multicoin Capital Detail
Apr 20, 2018 Funding Round 1 Detail

Investors

Number of Lead Investors
Number of Investors
1
7
RNDR Token is funded by 7 investors. Multicoin Capital and Alameda Research are the most recent investors.
Investor Name Lead Investor Funding Round
Multicoin Capital Yes Initial Coin Offering
Alameda Research Initial Coin Offering
Bill Lee Initial Coin Offering
Sfermion Initial Coin Offering
Solana Foundation Initial Coin Offering
Vinny Lingham Initial Coin Offering
Kenetic Funding Round

Employee Profiles

Number of Employee Profiles
1
RNDR Token has 1 current employee profiles, including Executive Jules Urbach
Executive