According to The Block, blockchain company OpenLedger raised $8 million in a seed round led by Polychain Capital and Borderless Capital. Other participants include HashKey Capital, Finality Capital, Hash3, STIX, MH Ventures, Sreeram Kannan of EigenLayer, Sandeep Nailwal of Polygon, and Kenny Li of Manta.
OpenLedger focuses on building decentralized and data-driven AI infrastructure. The company plans to use the funds to expand the team and strengthen its data pipeline infrastructure, and is expected to launch the mainnet next quarter. The OpenLedger team said that with the increasing popularity of artificial intelligence, the importance of data continues to increase, and they are committed to filling the gap between data and decentralization to promote the development of better AI models.
