TON Provider Valuation, Funding & Investors

Qiniu Cloud is a Shanghai-headquartered enterprise cloud service provider in China specializing in data intelligence and visual intelligence. It delivers integrated solutions including CDN, object storage, cloud hosts, big data processing, and content recognition platforms within its intelligent video cloud for rich media scenarios across industries. Launched in 2011, Qiniu Cloud supports massive data handling for sectors embracing artificial intelligence and 5G technologies through product portfolios tailored for video streaming, storage, and computing needs.

Hydra Host is a bare metal GPU platform connecting businesses to AI Factory Franchises worldwide via API. The service delivers turnkey solutions including procurement, configuration, and B2B monetization software. Customers access diverse GPU SKUs in data centers across Europe and North America for secure AI training and inference.

Edarat Communication And Information Technology Co is engaged in the implementation of service contracts including provision of virtual network operator services, colocation services, system analysis, design and programming of software, providing management and monitoring of communications and information networks, establishing web hosting infrastructure and related services, data center services and related activities and subscriptions to provide cloud computing service. Its services include data center engineering, data center colocation, Edge AI, Edarat Marketplace, and cloud services. The company has two operating segments; Data Center Engineering Services and Cloud Service. It derives maximum revenue from Data Center Engineering Services segment.

Kinx Inc is a Korea based carrier-neutral infrastructure provider. The company offers services to prominent domestic and international carriers, content providers, multiple system operators, financial institutions, and government agencies.

Inspur Cloud is a Jinan-headquartered provider launched in 2010 that supplies datacenter infrastructure and cloud services globally. Its offerings encompass servers, storage systems, artificial intelligence platforms, high-performance computing solutions, and software outsourcing for government and enterprise clients.

Beijing Topnew Info & Tech Co Ltd is a software company providing internet data center services, cloud services, internet access services, internet data center and cloud platform information system integration services, and application software development services. The company provides high-end IT technical services for multinational companies, and provides customers with customized comprehensive solutions such as design, procurement, configuration, testing, installation, inventory management, and transportation services, and delivers IT services all over the world.

Chayora is a Hong Kong-headquartered infrastructure developer constructing data centers in mainland China. The company builds carrier-neutral facilities in tier-1 cities like Shanghai and Guangzhou, enabling international tech firms to enter the Chinese market with low-latency connectivity.

Corvex Inc is an AI cloud computing company specializing in GPU accelerated infrastructure for AI workloads. The company provides AI-focused computing infrastructure that offers scalable computational resources. Its platform uses GPU-accelerated compute clusters and high-throughput storage to support performance, security, and efficiency at scale. The company's product portfolio includes GPU Clusters, Inference-as-a-Service, Confidential Computing, and GPU Node.

VNET started as AsiaCloud in 1999 and moved into the data center business, opening its first self-developed data center in 2010. The firm listed (as 21Vianet) on the Nasdaq in April 2011, subsequently changing its name to VNET Group in 2021. It originally focused on providing data center services such as colocation and cloud services to retail clients in China, but added hyperscale customers in 2019 and now counts large Chinese hyperscalers such as Alibaba Cloud, Tencent Cloud, and Huawei Cloud as customers. At the end of September 2025, it had 52,288 retail cabinets, with the majority in Beijing, Shanghai, and the Greater Bay area. It also had 783 MW of wholesale capacity in service, with a further 306 MW under construction and a further 705 MW held for future development.

Adisyn Ltd is a technology and data sciences company that provides managed technology services and solutions and aims to be the preferred sovereign provider for SMEs in the Australian defence industry supply chain. It offerings include a range of solutions tailored to this growing market segment, leveraging internal capabilities and strategic partnerships, particularly in cybersecurity and AI. Its segment include: the Infrastructure and Managed Services segment which derives maximum revenue, includes Managed Support Services, Cyber Security Services, Cloud and data centre co-location, as well as Network and Back Up services and the Miner Hosting segment includes regional modular hosting services for client crypto currency mining equipment.

XSKY Data Technology is a Beijing-headquartered provider of software-defined storage solutions. The company contributes significantly to the Ceph open-source project, ranking top three globally in code commits. As Red Hat China's sole storage partner, XSKY serves financial services, telecom, transport, and energy sectors with scale-out NAS and object storage. Partnerships include Intel, Samsung, Dell, and Mellanox for hyper-converged infrastructure.

Consensus Cloud Solutions Inc is a provider of secure information delivery services with a scalable Software-as-a-Service SaaS platform. It is engaged in the fax cloud business. The company's offerings include communication, data extraction, and digital signature solutions that enable users to securely access, exchange, and manage information across organizational and geographic boundaries. It serves multiple industry verticals, including healthcare, government, financial services, legal, and education. Geographically, the company operates in the United States, Canada, Ireland, and other countries. It derives the maximum revenue from the United States.