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GAIANET Completes $10 Million Seed Round to Advance AI Infrastructure

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May 28, 2024

GAIANET, an AI infrastructure project, has completed a $10 million seed round of financing, with participation from EVM CAPITAL, MIRANA VENTURES, MANTLE ECOFUND, LEX SOKOLIN of GENERATIVE VENTURES, and BRIAN JOHNSON of REPUBLIC CAPITAL. The funds will be used to develop educational tools for STEM students and support GAIANET's work to decentralize AI networks using distributed ledger technology. MATT WRIGHT, CEO of GAIANET, said the investment will help the company further its commitment to redefining the boundaries of AI, making it more accessible, resistant to data bias, collaborative, and privacy-centric.

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