0G secures $35 million in pre-seed funding to build a modular AI blockchain offering scalable, secure, and versatile data availability (DA) service.

Mar 26, 2024•over 1 year ago

Amount Raised

$35 Million

San Franciscoinformation technology & servicesCryptocurrencyBlockchainMachine LearningArtificial Intelligence

Investors

ArcaGsrForesight VenturesDwf LabsAllianceOkx VenturesAnimoca Brands

Description

0G announced a $35 million pre-seed funding round to build a modular blockchain powered by Artificial Intelligence (AI) that offers a scalable, secure, and versatile data availability (DA) service with a built-in decentralized storage layer. The fresh capital will be used to fuel the development of their technology.

Company Information

Company

0G Labs

Location

San Francisco, California, United States

About

0G is a leading Web3 infrastructure provider that is building the leading modular AI blockchain creating solutions to implement on-chain AI applications in the Web3 ecosystem. The platform achieves high data availability through its unique architecture separating data storage and data publishing. By ensuring throughputs of 50 GB/second, a full 50,000x faster than competitors, and a cost that is 100x lower, 0G has positioned itself as a leader in bringing high data use cases, such as scalable L2s and modular AI, into the Web3 ecosystem.

Related People

4 contacts

Funding Insights

Based on industry data

VC-backed spending patterns

VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Tech investment trends