Web3 AI Cloud Platform Hyperbolic Completes $12 Million Series A Funding, with Participation from Polychain and Others

According to Deep Tide TechFlow, on December 10, Web3 AI cloud platform Hyperbolic announced the completion of $12 million in Series A funding, with investors including Polychain, Variant, Chapter One, IOSG Ventures, GSR, Alumni Ventures, BanklessVC, and Wintermute.

In July this year, the project received $7 million in seed funding led by Polychain Capital and Lightspeed Faction. Hyperbolic plans to launch the Proof of Sampling (PoSP) protocol to create a sharing economy platform.