Hyra Tek

What Hyra Tek does

Hyra Tek Joint Stock Company is a privately held Vietnam-based technology subsidiary of Hyra Holdings Joint Stock Company, founded in 2022 and headquartered in Ha Dong District, Hanoi. The company is organized around a portfolio of blockchain- and AI-native products, with Hyra Network described as a Layer-3 blockchain purpose-built for decentralized AI model training, Hyra AI positioned as an edge computing platform aggregating compute from "billions" of smart devices for training and inference, Hyra Wallet as a digital wallet for decentralized finance, and additional ecosystem products including AItradi (AI trading) and Hyra One. An additional product, Hyra Mega, is publicly listed as "Coming soon." Underlying capabilities span machine learning, computer vision, federated learning, generative AI, big data analytics, edge AI, DePIN, and RWA tokenization.

The business model is hybrid and multi-stream. The technology stack itself monetizes through enterprise technology solutions (subscription), an edge computing platform (usage-based pricing on compute), and complementary cloud-computing services. Adjacent product surfaces create additional revenue mechanics: Hyra Wallet and digital financial services generate transaction-fee economics, while an e-commerce platform stream targets marketplace transaction fees. Distribution is dual-track — an enterprise field-sales motion underwritten by the Qualcomm strategic relationship, and a product-led growth / self-serve motion via the cross-product HyraAccount login (with OAuth across Google, X, Facebook, GitHub, and GitHub/GitLab). Customers are described across four segments: enterprise businesses (primary) seeking operational transparency, AI/ML developers needing distributed compute, e-commerce operators, and digital finance end users.

Go-to-market is largely digital-direct: the company operates its own product domains (hyra.network, ai.hyra.network, hyramega.com, hyrawallet.com, aitradi.com, hyraone.com) and brand assets across Facebook, X, YouTube, and LinkedIn. The partner ecosystem behind the products includes Qualcomm (strategic AI partnership announced in August 2024), CertiK (smart-contract security), Taipy (data science/ML tooling), Pencil (Vietnamese technology partner), and Eureka International (international expansion support). Disclosed funding to date is limited to a single $460,000 round in March 2024 with undisclosed investors, and no revenue, ARR, customer counts, or enterprise contract wins are publicly reported.

Name

Hyra Tek

Legal name

Hyra Tek Joint Stock Company

Website

https://hyratek.com

Company type

Private

Founded year

2022

Operating status

Operating

Headcount range

11–50 employees

Short description

Hyra Tek is a Vietnam-based subsidiary of Hyra Holdings that builds Layer-3 blockchain and edge computing infrastructure for decentralized AI model training. It serves enterprise, developer, e-commerce, and digital-finance customers through its Hyra Network, Hyra AI, and Hyra Wallet product suite.

Ownership category

akta.pro rank

Product category

Decentralized AI Infrastructure

NAICS

Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (5182), Computing Infrastructure Providers, Data Processing, Web Hosting, and Related Services (518210)

SIC

Services-Computer Programming Services (7371), Security & Commodity Brokers, Dealers, Exchanges & Services (6200)

akta.pro primary industry

Decentralized GPU/AI Compute Networks (training/inference, GPU renting, model hosting) (FSAPALAC)

akta.pro secondary industries

DePIN Hardware, Devices & Supply Chain (miners/routers/hotspots, firmware, device management) (FSAPALAJ), DePIN Orchestration, Scheduling & Middleware (resource discovery, job scheduling, workload orchestration) (FSAPALAK), Smart Contract Execution Environments (EVM/WASM, runtimes, precompiles) (FSAPABAA)

Keywords

• Decentralized AI infrastructure
• Layer-3 blockchain
• Edge computing platform
• Digital wallet services
• AI model training

Headquarters

HQ city

Hanoi

HQ country

Vietnam

HQ region

Asia

Offices2 records

Markets served

GTM type

B2B and B2C

Offering type

Software

Cost components

Technology or R&D, Personnel, Operations, Marketing or Sales, Infrastructure

Revenue model

1. Enterprise Technology Solutions: Provides blockchain platforms and AI solutions to enterprises to improve operational efficiency, reduce costs, and enhance transparency.
2. Edge Computing Platform (Hyra AI): Edge computing platform connecting and leveraging computing power from billions of smart devices worldwide for AI model training and inference.
3. Cloud Computing Services: Provides integrated cloud computing services, decentralized blockchain platform services, and empowering local data processing for AI models.
4. Digital Financial Services: Digital financial services including e-wallets, online lending, digital investment, and digital banking services within the ecosystem.
5. E-commerce Platform Services: E-commerce platform development, management, secure payment solutions, inventory, logistics, and marketplace services.

Pricing tiers

Go-to-market motion2 records

Distribution channels2 records

Marketing channels5 records

Core offering

Hyra Tek builds Layer-3 blockchain infrastructure for decentralized AI compute at edge devices, anchored by Hyra Network (enterprise blockchain platform), Hyra AI (edge computing platform leveraging billions of smart devices for AI training and inference), and Hyra Wallet (decentralized digital wallet). The company also offers Hyra Mega (upcoming AI product), AItradi (AI-powered trading), and Hyra One within a unified HyraAccount ecosystem.

Product overview

Hyra Tek operates as a technology product company under Hyra Holdings, offering a portfolio of interconnected products centered on AI, Big Data, and Blockchain technology. The core offerings include Hyra Network (a Layer 3 blockchain platform for decentralized AI model training), Hyra AI (an edge computing platform leveraging billions of smart devices for AI training and inference), Hyra Wallet (a digital wallet for decentralized finance), along with AItradi and Hyra One as additional ecosystem products. An upcoming product, Hyra Mega, promises AI tailored to user needs. These products work together within a digital technology and economy ecosystem, combining blockchain for transparency, AI for intelligent processing, and e-commerce capabilities for marketplace functionality.

Differentiator

Problem solved

Functional benefit

Brands

• Hyra AI: Edge computing platform that connects and leverages computing power from billions of smart devices worldwide to train and inference AI models
• Hyra Network
• Hyra Mega
• Hyra Wallet
• AItradi
• Hyra One

Products and services

• Hyra Network A pioneering Layer 3 blockchain platform designed for AI model training, leveraging computational power from billions of edge devices to provide decentralized AI infrastructure. Targets enterprises seeking to improve operational efficiency, reduce costs, and enhance transparency.
• Hyra AI An edge computing platform that connects and leverages computing power from billions of smart devices worldwide to train and run inference on AI models, enabling real-time processing and reduced latency.
• Hyra Wallet A digital wallet platform focused on safety and user-friendliness, positioned as leading the future of decentralized and user-controlled finance.
• AItradi An AI-powered trading solution featured as part of the Hyra Tek ecosystem.
• Hyra One A product offering within the Hyra Tek ecosystem, accessible via HyraAccount single login.

Quantifiable outcome

• Improves operational efficiency and reduces costs for enterprises
• +1 more outcomes

Segments4 records

Ideal customer profiles4 records

Technology focussed Yes

API detail

Has API

No

API docs

API detail

Core technology

AI maturity

App detail

Integration5 records

AI capability11 records

Feature9 records

Partnerships

Four partnerships are on record, tiered core and supporting.

• QualcommcoreStrategic or Co-development Partner · 1 August 2024Strategic AI partnership with Qualcomm involving collaboration on AI technology for the Martyrs' Cemetery restoration project in Hanoi. The partnership focuses on applying AI technology to help restore and honor martyrs, demonstrating practical applications of AI in cultural preservation.
• CertiKsupportingTechnology or IntegrationCertiK provides blockchain security solutions and auditing services, contributing to the security and reliability of Hyra Tek's blockchain platforms and smart contracts.
• TaipysupportingTechnology or IntegrationTaipy is a technology partner providing data science and machine learning solutions that complement Hyra Tek's AI and big data capabilities.
• Eureka InternationalsupportingStrategic or Co-development PartnerInternational strategic partner supporting Hyra Tek's global expansion and technology development initiatives.

Scale indicators2 records

Recent moves6 records

Expansion highlights5 records

Direct peers

• Render Network: Decentralized GPU compute network for rendering and increasingly AI workloads, using blockchain to coordinate contributors. Closest direct analogue to Hyra AI's edge/DePIN compute thesis and competes for the same pool of GPU contributors and AI customers.
• Akash Network: Decentralized cloud compute marketplace using a Cosmos-based blockchain to match renters with spare datacenter capacity. Operates the same DePIN compute-market category as Hyra AI, including pricing AI/ML workloads against centralized cloud.
• io.net: Decentralized GPU network that aggregates underutilized GPUs (including consumer-grade hardware) for AI training and inference. Direct overlap with Hyra AI's edge-device compute model and a likely head-to-head competitor for AI developer mindshare.
• Gensyn: Protocol for decentralized ML training that coordinates compute across independent machines with cryptographic verification. Competes with Hyra AI for the same decentralized-AI-training customer base, though focused on training rather than inference.
• Flux (ZelCash / FluxNetwork): Decentralized cloud infrastructure network of node operators providing compute, storage, and hosting services. Comparable to Hyra's DePIN compute/orchestration approach and competes for similar decentralized compute customers and node operators.
• Aleph.im: Decentralized network providing compute, storage, and database services across a peer-to-peer infrastructure layer. Similar DePIN positioning to Hyra AI and overlaps on the orchestration/scheduling layer implied by Hyra Network.

Emerging players

• Bittensor: Decentralized network that incentivizes training and serving AI models using a blockchain-based reward system. Overlaps with Hyra at the intersection of AI and Web3 and competes for developer and capital attention in decentralized AI.
• Nillion: Decentralized network for private and blind compute using advanced cryptography, aimed at AI and data workloads. Comparable to Hyra's privacy-preserving federated learning angle and overlaps on decentralized AI infrastructure.
• Ocean Protocol: Decentralized data exchange and compute-to-data protocol that combines blockchain and AI/ML. Comparable to Hyra Network on the AI + blockchain + RWA tokenization axis and competes for similar Web3-AI enterprise customers.

Broad incumbents

• Polygon: Major L2/L3 scaling and infrastructure provider with a broad ecosystem including DePIN, AI, and RWA initiatives. A potential incumbent threat to Hyra Network's L3 positioning, given Polygon's developer base, capital, and existing L3 frameworks.

Market position

Weaknesses4 records

Competitive moat3 records

Key risks5 records

Key highlights6 records

Customer concentration

• Xx.com/hyranetwork
• YouTubeyoutube.com/@Hyratek
• Facebookfacebook.com/hyratek
• LinkedInlinkedin.com/company/hyratek/?viewAsMember=true

Revenue estimate

Valuation estimate

Number of profiles

Funding overview

Funding rounds1 record

Investors

Funding detail is available on the Subscription and Enterprise plan.Contact sales →

M&A

Investments

M&A and investment is available on the Subscription and Enterprise plan.Contact sales →

Frequently asked questions about Hyra Tek