Cast AI becomes Lithuania’s 5th unicorn with $1B valuation and launch of OMNI Compute

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Cast AI becomes Lithuania’s 5th unicorn with $1B valuation and launch of OMNI Compute

Cast AI, a leading Kubernetes automation platform, announced a strategic investment from Pacific Alliance Ventures (PAV), the US-based corporate venture arm of Shinsegae Group. With this round of funding, Cast AI’s valuation exceeds $1 billion, marking the company as Lithuania’s 5th unicorn. 

Cast AI also expands its platform with the introduction of OMNI Compute, a unified control plane that connects and manages compute resources across multiple cloud providers and regions. The solution enables organizations to run workloads, including AI inference, on the most suitable resources without vendor lock-in or reconfiguration, optimizing performance, cost, and compliance.

Investment details

  • The round was backed by Pacific Alliance Ventures (PAV), the US-based corporate venture arm of Shinsegae Group, an over $50 billion Korean conglomerate with leading businesses across retail, consumer, and digital platforms. 

  • Cast AI will use the new funding to scale its Application Performance Automation platform globally and expand the rollout of OMNI Compute. The investment will also support further international expansion, helping the company strengthen its presence across key regions, including Asia, and enhance infrastructure automation capabilities for enterprise customers.

“Cast AI has built a category-defining automation platform that aligns with the needs of modern, cloud-first enterprises. We see strong demand for the company’s platform globally, and we’re excited to support the company’s continued expansion in Asia and help it realize its long-term Application Performance Automation platform vision,” said Hyuk Jin Chung, Managing Partner at PAV. 

About Cast AI 

  • Cast AI is a Miami and Vilnius-based Application Performance Automation (APA) platform that is transforming cloud operations. The company was founded by Yuri Frayman, a serial entrepreneur from Odesa, Leon Kuperman, and Laurent Gil.

In May 2025, Cast AI has secured a $108 million Series C investment round led by G2 Venture Partners and SoftBank Vision Fund 2

  • The company uses advanced machine learning algorithms to continuously analyze and automatically optimize clusters in real-time, reducing cloud costs, securing Kubernetes applications, and boosting DevOps efficiency.

  • Cast AI accelerates automation in cloud environments, enabling organizations like Akamai, BMW, FICO, HuggingFace, NielsenIQ, and Swisscom to cut costs, enhance performance, and ensure security in their infrastructures. 

Read more: Lithuanian AI startup Repsense secured €2M seed funding to expand disinformation analysis and Havel platform capabilities

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https://en.ain.ua/2026/01/14/cast-ai-becomes-lithuanias-unicorn/