Antimatter Launches

OneRagtime
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Antimatter Launches

Hivenet and Policloud Join Forces with Data Factory to Create the First Neo-Cloud Dedicated to AI Inference

Antimatter has officially launched. The new company is born from the union of Hivenet and Policloud (two companies we have been supporting from their very first days) with Data Factory, giving rise to the world's first distributed neo-cloud dedicated to AI inference.

Artificial intelligence has entered a new era, dominated by the demands of inference: models being called upon billions of times a day by AI assistants, agents, and real-time systems. This new era calls for new infrastructure, and Antimatter has built it.

Antimatter brings together, on a single platform, the complete technology stack: flexible energy, modular micro-datacenters, and distributed cloud orchestration, all exposed through a unified API. The infrastructure can be deployed wherever electricity already exists, close to users, with data sovereignty embedded by design. Today, deployment is five times faster and twice as cheap as a hyperscale equivalent.

Antimatter is already operating with a significant operational base:

  • 10 Policloud units deployed across 8 sites;
  • 3,400 GPUs and 26 MW in production;
  • over 500,000 active cloud users worldwide.


Beyond this installed base, more than one gigawatt of electricity has already been contracted and connected, ready to be activated across the United States, Europe, and the Gulf.

A Collective Adventure, Backed by OneRagtime from Day One

We were the first investor to back Hivenet at its seed round in July 2022, and then Policloud at its pre-seed round in April 2025, when the project still only existed on paper.

Antimatter is today the result of the work of a remarkable team, led by David Gurlé, founder and CEO of Hivenet and Policloud, who is taking the helm of the new entity. Alongside him are Richard Esteve and Richard Détente, co-founders of Data Factory.

Each of the three companies brings its building block to the structure:

  • Hivenet brings the software orchestration layer that turns a network of sites into a single system.
  • Policloud brings the sovereign compute layer, embodied by its modular micro-datacenters.
  • Data Factory brings flexible energy management, a decisive issue for increasingly demanding AI workloads.

A Major Operation, an Ambition to Match

The AI infrastructure market will produce some of the most important companies of the coming decade. Antimatter has every asset needed to be one of them, and Europe has everything to gain.

The company has already begun structuring €300 million in debt financing to support its scale-up, with a clearly defined deployment plan for the next twelve months:

  • 100 Policloud units in production,
  • approximately 40,000 GPUs,
  • and more than 3.6 exaFLOPS of active compute capacity.


The combination of Hivenet, Policloud, and Data Factory under Antimatter was supported by a funding round bringing together renowned investors: OneRagtime, Global Ventures, SC Ventures by Standard Chartered, and Inria Participations. The operation was advised by Rothschild & Co, as Antimatter's exclusive financial advisor.

The OneRagtime team is delighted to support the Antimatter project, which perfectly illustrates what we look for: breakthrough technologies, designed at industrial scale, carried by visionary entrepreneurs like David Gurlé.

A big thank you to Queenie Chan, Bastien Vidal, and all the teams at Hivenet and Policloud for the journey traveled since day one.

Welcome to Richard Esteve, Richard Détente, and the entire Data Factory team on this new adventure.

Congratulations to the whole Antimatter team. We are proud to be part of this adventure from day one!