Liquid Compute (formerly Pluto) is a New York-based startup building a regulated market for AI compute: a physical grid and order book where neoclouds, datacenters and AI companies trade unutilized capacity, with verification, clearing, settlement and price discovery layered on top. Founded by UC Berkeley engineers Ronit Jain and Aarav Patel, the Y Combinator W24 graduate has pending CFTC applications for Designated Contract Market (PMEX Markets) and Derivatives Clearing Organization (PMEX Clearing) status.
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Sep 15, 2026
Latest raise
Funding activity · 1 round
Sep 15, 2026
$15M
Seed
Led by FirstMark Capital
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