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0G Labs - Seed
Overview
Funding Date
November 13, 2024
Financing amount
$40M
Valuation
--
Category
About 0G Labs - Seed
0G Labs has announced $290 million in new funding. This includes a $40 million seed round raised by the Labs and a $250 million token purchase commitment received by the 0G Foundation, the independent governance body for the 0G Protocol. Investors include Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands and its co-founder Yat Siu, Polygon and its co-founder Sandeep Nailwal, Stanford Blockchain Fund, Abstract VC, Alchemy, Blockdaemon, Foresight Ventures and many others, 0G Labs said Wednesday.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2017 | 78 | [email protected] | ||
| Fund | United States of America | 2018 | 91 | [email protected] | ||
| Corporate | Hong Kong | 2017 | 145 | [email protected] | ||
| Fund | Korea (the Republic of) | 2013 | 49 | [email protected] | ||
| Fund | Unknown | 2022 | 35 | -- | ||
| Corporate | Hong Kong | 2014 | 322 | -- | ||
| Angel Investor | Hong Kong | -- | 9 | -- | ||
| Corporate | United States of America | 2017 | 136 | -- | ||
| Angel Investor | India | -- | 104 | -- | ||
| Fund | Unknown | -- | 1 | -- |
Founders & Team
Michael Heinrich
Ming Wu
Fan Long
Company Profile / Project Introduction
0G, sometimes called ZeroGravity, is creating a modular AI blockchain that aims to alleviate the pain points of on-chain AI applications in the web3 ecosystem, like speed and cost efficiency. Competitors include Celestia and EigenLayer, which are also focused on modularity.