0G Labs raised $35M in a pre-seed round to build a modular AI blockchain.

Mar 26, 2024•over 1 year ago

Amount Raised

$35 Million

Round Type

seed

San FranciscoCryptocurrencyBlockchainMachine LearningArtificial Intelligence

Investors

Okx VenturesSymbolic CapitalStanford Builders FundDelphi DigitalAnimoca BrandsAllianceHack Vc

Description

0G Labs has raised $35 million in a pre-seed round to develop a modular AI blockchain aimed at improving the speed and cost efficiency of on-chain AI applications in the web3 ecosystem. The funding will be used to hire engineers and build up 0G’s market functionality, community, and ecosystem.

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.

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