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FLock - Seed
Overview
Funding Date
March 28, 2024
Financing amount
$6M
Valuation
--
Catagory
Subcategory
About FLock - Seed
FLock, a web3 startup that decentralizes artificial intelligence training, raised $6 million in seed funding. Venture firms Lightspeed Faction and Tagus Capital led the round, which included participation from Lank'>DCG, OKX Ventures and Volt Capital, among others. The seed round brings FLock's total funding raised to $8 million.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Unknown | -- | 8 | -- | ||
| Fund | United Kingdom | -- | 5 | -- | ||
| Fund | United States of America | 2015 | 125 | info@dcg.co | ||
| Corporate | Hong Kong | 2017 | 142 | support@okex.com | ||
| Fund | United States of America | 2020 | 33 | hi@tokendaily.co | ||
| Fund | Unknown | -- | 9 | -- | ||
| Angel Investor | Unknown | -- | 2 | -- | ||
| Angel Investor | United States of America | -- | 1 | -- | ||
| Angel Investor | -- | -- | 2 | -- | ||
| Angel Investor | Portugal | -- | 13 | -- |
Founders & Team
Jiahao Sun
Company Profile / Project Introduction
FLock.io aims to build a decentralised privacy-preserving solution for Artificial Intelligence. FLock proposed a research initiative called Federated Learning Blocks (in short, FLocks), which uses blockchain as a coordination platform among data holders to conduct Machine Learning while data stays local and private. By replacing the central entity that collects data and organises machine learning with blockchain, FLocks aims to empower users to mine insights from their data and monetise at their discretion.