Zero Gravity Labs (0G Labs or 0GL for short) is a startup focused on combining encryption with artificial intelligence, and is committed to building the infrastructure for decentralized AI systems. The company announced that it has received $290 million in new financing, including $40 million in seed round financing and $250 million in token purchase commitments. Investors include Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Animoca Brands and its co-founder Yat Siu, among others. The seed round of financing adopts a simple agreement for future equity (SAFE) structure with a valuation cap of more than $2 billion. Previously, 0G Labs had raised $35 million in Pre-Seed financing in March this year, and the new financing brings its total financing commitment to $325 million. (TheBlock)
