Gradient Protocol announces second funding phase with Fjord Foundry following successful seed round for innovation within the liquid staking space on the Bittensor network.
Round Type
Seed
New YorkSoftwareArtificial IntelligenceInvestors
Description
Gradient Protocol is pleased to announce its second funding phase taking place on Fjord Foundry, following a successful conclusion of the private seed round. The proceeds from the second funding round will be used to scale up the protocol’s validation capacity, open up new validators, fund liquidity of the GDT token, and support marketing and developmental activities to strengthen the protocol’s growth. They aim to diversify network validation processes, bootstrap liquidity for its GDT token, and transition to a more decentralized and transparent platform.
Quick answer
Gradient Protocol raised an undisclosed amount in a Seed round, dated March 28, 2024. Investors: Fjord Foundry. Gradient Protocol is based in New York, New York, United States.
- How much did Gradient Protocol raise?
- Gradient Protocol raised an undisclosed amount in a Seed round on March 28, 2024.
- Who invested in Gradient Protocol?
- Fjord Foundry is named as investors in this round.
- What does Gradient Protocol do?
- Gradient Protocol developed from an innovative vision to set the stage for the liquid staking landscape within the Bittensor network.
- Where is Gradient Protocol based and how big is it?
- Gradient Protocol is based in New York, New York, United States.
- Who are the decision-makers at Gradient Protocol?
- Fundz holds 1 contact at Gradient Protocol. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software and Artificial Intelligence around the same time
Companies in the same sectors as Gradient Protocol that raised within 45 days of this round, from Fundz verified event records.
- Aira Technologies raised $18M on May 8, 2024.
- Greenboard raised $4.5M (Seed) on May 8, 2024.
- XTEND raised $40M (Series B) on May 8, 2024.
- Espresso AI raised $11M (Seed) on May 7, 2024.
- Daloopa raised $18M (Series B) on May 7, 2024.
- Rad AI raised $50M (Series B) on May 7, 2024.
Who to call at Gradient Protocol, and when
A new round usually means Gradient Protocol is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Gradient Protocol raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Gradient Protocol, from your own LinkedIn network
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Related People
Gradient Protocol raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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