AI infrastructure startup Gridfield is nearing a close of a new funding round at a $600 million valuation, less than a year after the Munich-based company was founded. Sources say Bessemer Venture Partners and Creandum are set to lead the round, marking strong early investor confidence in the company’s mission to build scalable AI infrastructure. Gridfield, founded in Munich, has rapidly gained traction in the AI infrastructure space, focusing on solutions that optimize compute and data workflows for enterprise AI deployment.

The $600 million valuation reflects investor belief in the growing demand for specialized infrastructure to support the next generation of AI applications, particularly as companies seek to reduce latency and cost in model training and inference.