PANews reported on August 28 that according to Siliconangle, Katara AI Inc., a developer experience platform startup, revealed today that it has completed a $2.2 million seed round of financing, and plans to use the funds to expand its business beyond its Web3 customer base and target developers at traditional technology companies. This round of financing was jointly led by Diagram Ventures and Sparkle Ventures, with participation from StreamingFast and other angel investors. Katara's total financing to date has reached $2.6 million.
The startup has built a novel developer experience platform that integrates generative artificial intelligence, machine learning, and natural language processing technologies to automatically provide feedback and respond to developers' queries in real time. It can be deployed to platforms such as Discord, Telegram, Slack, and has been integrated into Web3 protocols and projects such as Avail Protocol, Hivemapper, and Filecoin. Its purpose is to simplify the onboarding process for developers and accelerate their workflow, thereby speeding up their work.