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OpenGradient raises $9.5M in angel funding led by a16z crypto to scale its network for open, auditable model execution.

PRIVATEApr 14, 20262 months ago

Amount Raised

$9.5 Million

New YorkSoftwareArtificial IntelligenceBlockchainMachine Learning

Investors

Ekram AhmedRyan WatkinsDaniel CheungBruno FavieroSandeep NailwalIllia PolosukhinBalaji SrinivasanThanefield CapitalCelestiaNearBlack DragonCanonical CryptoSymbolic CapitalSaltPragmaForesight VenturesSv AngelCoinbase VenturesA16z Crypto

Description

OpenGradient, a NYC-based provider of a compute layer service for verifiable AI, raised $9.5M in total funding. Backers included a16z crypto, Coinbase Ventures, and several notable angel investors. The funds will be used to enhance its decentralized infrastructure for executing AI models. Led by CEO Matthew Wang, OpenGradient aims to streamline computationally-heavy tasks for various applications.

Company Information

Company

OpenGradient

Location

New York, New York, United States

About

OpenGradient is a leading decentralized platform unlocking scalable AI compute on-chain, empowering developers to build secure, intelligent, and optimized decentralized applications. The company provides on-chain AI model hosting, permissionless composability, secure inference execution, and seamless access to accelerate open-source AI and foster next-gen applications. Their innovative tech stack integrates AI and blockchain to streamline AI deployments and enhance security.

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