According to TechFlow, the artificial intelligence infrastructure project GaiaNet has completed a $10 million seed round of financing. Investors include EVM Capital, Mirana Ventures, Mantle EcoFund, Lex Sokolin of Generative Ventures and Brian Johnson of Republic Capital.
The newly raised funds will fund GaiaNet's development of educational tools for STEM students and support its work on decentralized AI networks using distributed ledger technology. "With the recent investment, we are able to further our commitment to redefine the boundaries of artificial intelligence to make it more accessible, resistant to data bias, collaborative, and privacy-centric," said Matt Wright, CEO of GaiaNet.
