🎉 Hyperbolic Labs has just secured $20.00M in its funding rounds! 🎉
🔹About: Hyperbolic Labs is an innovative Web3 AI cloud startup focused on providing open access to AI computing and inference services. Hyperbolic Labs recently raised $20 million in funding, with contributions from prominent investors like Polychain Capital and Variant Fund. The project aims to create an "AI Rainforest", an ecosystem where users can access and benefit from collectively governed AI infrastructure, services, and models. Hyperbolic Labs utilizes a unique Proof of Sampling (PoSP) protocol to ensure data privacy and cost-effectiveness. The platform also plans to launch its own blockchain in 2025, further bridging the gap between Web3 and AI technologies. With a focus on affordability, scalability, and security, Hyperbolic Labs is set to revolutionize the AI and blockchain industries. 🚀🌐
🔹 Lead Investors: Polychain Capital, Balaji Srinivasan, Variant, Faction, Wintermute, Sandeep Nailwal and many more.
🔹 Total Raised: $20.00M.
🔹 Project Category: AI, Cloud Services, Web3.
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🎉 Kiva AI has just secured $7.00M in its latest funding round! 🎉
🔹About: Kiva AI is a cutting-edge platform designed to deliver high-quality and compliant data solutions at scale for specialized AI applications in industries such as healthcare, finance, and law. By integrating human expertise with advanced AI technologies, Kiva AI ensures precise data labeling, preprocessing, and governance. This platform empowers organizations to focus on innovation while maintaining accuracy and compliance in their AI models. Recently, Kiva AI closed a $7 million seed round led by CoinFund, with participation from Protagonist, Hashkey, and Peer VC. The funding will support the expansion of Kiva AI’s global network of human experts and the development of advanced data solutions. Kiva AI’s human-in-the-loop approach is particularly beneficial for complex, regulated fields requiring specialized knowledge. For example, it aids in medical diagnostics by accurately labeling patient scans, ensuring AI models prioritize urgent cases. Similarly, it supports legal applications by digesting large volumes of court briefings and legislation. Kiva AI’s mission is to unlock new possibilities in AI by providing critical support for data workflows. This innovative approach positions Kiva AI as a valuable asset for businesses aiming to compete at the cutting edge of AI technology. 🚀🌐
🔹 Lead Investors: CoinFund, Hashkey Capital, NGC Ventures, Big Brain Holdings, Foresight Ventures and many more.
🔹 Total Raised: $7.00M.
🔹 Project Category: Artificial Intelligence, Data Service.
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🎉 Pond has just secured $7.50M in its latest funding round! 🎉
🔹About: Pond focusing on creating a comprehensive model ecosystem for crypto-AI applications. The platform initially started as a user search engine powered by on-chain data, allowing users to explore blockchain connections. Pond aims to expand its use cases to include DeFi risk management, insider trading detection, and personalized recommendations. The project leverages blockchain technology to ensure data integrity and security while providing innovative solutions for the crypto and AI industries. Pond has completed a seed fundraising round and is committed to building a robust ecosystem for decentralized applications. 🚀🌐
🔹 Lead Investors: Coinbase Ventures, Delphi Ventures, Archetype Ventures, PAKA, Near Foundation, Cyber Fund and many more.
🔹 Total Raised: $8.30M.
🔹 Project Category: Blockchain Service, AI.
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🎉 Vana has just secured $5.00M in its latest funding round! 🎉
🔹About: Vana is a pioneering initiative that transforms data into currency, pushing the boundaries of decentralized AI. As a layer one blockchain, Vana is designed for private, user-owned data, enabling users to collectively own, govern, and earn from AI models trained on their data. At its core, Vana functions as a data liquidity network, solving the double spend problem for data and ensuring it can be used like a financial asset. This is achieved through mechanisms like proof-of-contribution and non-custodial data, which verify the value of private data while preserving privacy. Vana democratizes AI development by creating a trustless environment where data can be securely tokenized, traded, and utilized for AI training without compromising user control. This paradigm shift introduces a new economic model where data contributors become active stakeholders in the AI value chain. By aligning incentives between data owners, developers, and consumers, Vana fosters a data-powered economy owned by its participants rather than centralized entities. The project aims to empower users to own their data and the value it generates, promoting a more equitable and decentralized digital landscape. 🚀🌐
🔹 Lead Investors: Coinbase Ventures, Polychain Capital, GSR, Paradigm, DeFiance Capital and many more.
🔹 Total Raised: $25.00M.
🔹 Project Category: SocialFi, AI, Layer-1.
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