Odaily Planet Daily News Crunch Lab announced the completion of a $3.5 million seed round of financing, led by crypto investment company Multicoin Capital, with participation from Factor Capital, Fabric VC and Elixir Capital. As of now, the company's total financing has reached $5.3 million. Crunch Lab is a core contributor to CrunchDAO, a platform that provides AI researchers with the opportunity to participate in distributed machine learning competitions. Participants can not only receive other rewards, but also win CRNCH tokens through the competition. (TheBlock)