UltiHash Funded $2.5M for Sustainable Data Storage Solutions

Storage

UltiHash, a Berlin, Germany- and San Francisco, CA-based. Operator of a data infrastructure platform intended to grow data storage across the cloud and on-premises sustainably. The company’s platform connects cloud architectures with a unified infrastructure and maximizes the resource efficiency of big data applications, enabling clients to prevent unwanted redundancies and solve costly connectivity issues.

UltiHash was funded $2.5 million led by Inventure, with participation from PreSeedVentures, Tiny VC, Futuristic VC, The Nordic Web, Antti Karjalainen, Founder, and angel investors for Sequoia Capital, and other private investors.

Founded in 2022 by Tom Lüdersdorf – Co-Founder and CEO, Katja Belova – CTO, UltiHash is a data storage infrastructure that allows companies to grow data sustainably. The company connects cloud and on-premises architectures with a unified storage infrastructure and maximizes the resource efficiency of Big Data applications.

UltiHash has been at the forefront of developing eco-friendly data storage solutions. UltiHash’s unique approach combines cutting-edge algorithms with renewable energy sources to create a data storage solution that is not only more cost-effective than traditional methods but also significantly reduces carbon footprint. Their proprietary technology allows for high-density data storage, which uses less physical space and energy.

Data centers are one of the largest energy consumers globally, contributing substantially to carbon emissions. UltiHash’s solution directly addresses this challenge by significantly reducing the energy required for data storage. This reduction in energy use is not just beneficial for the environment but also translates into lower operational costs for clients.

With this new infusion of capital, UltiHash plans to expand its research and development efforts and scale its operations. The company aims to deploy its technology in partnership with major cloud service providers and data centers, demonstrating the practicality and benefits of its system on a large scale.

The founder of The Nordic Web Antti Karjalainen said, they see immense potential in UltiHash’s technology to set new standards in the data storage industry. Their focus on sustainability aligns perfectly with our mission to support innovative solutions that can make a real difference in reducing environmental impact.

By: K. Tagura

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