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OpenGradient - Seed
Overview
Funding Date
October 9, 2024
Financing amount
$8.5M
Valuation
--
Catagory
Subcategory
About OpenGradient - Seed
OpenGradient, a leading decentralized AI infrastructure company, has raised $8.5M in seed funding. With a mission to accelerate open-source AI, OpenGradient democratizes model ownership, streamlines AI deployment, and enables universal access to AI.
The $8.5 million seed round included participation from a16z Crypto Startup Accelerator (a16z CSX), SV Angel, Coinbase Ventures, SALT Fund, Symbolic Capital, Foresight Ventures, and angel investors, including Balaji Srinivasan (ex-Coinbase CTO), Illia Polosukhin (NEAR Founder), Sandeep Nailwal (Polygon Founder), and more. OpenGradient is also currently participating in the Fall 2024 a16z CSX program in New York City.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2022 | 29 | -- | ||
| Fund | United States of America | 2009 | 4 | -- | ||
| Fund | United States of America | 2018 | 304 | -- | ||
| Fund | Unknown | -- | 7 | -- | ||
| Fund | Unknown | -- | 21 | -- | ||
| Fund | Russian Federation | 2010 | 73 | info@foresight.vc | ||
| Angel Investor | United States of America | -- | 114 | -- | ||
| Angel Investor | -- | -- | 8 | -- | ||
| Angel Investor | India | -- | 101 | -- |
Founders & Team
Matthew Wang
Company Profile / Project Introduction
OpenGradient is a leading decentralized platform unlocking scalable AI compute on-chain, empowering developers to build secure, intelligent, and optimized decentralized applications.
OpenGradient provides on-chain AI model hosting, permissionless composability, secure inference execution, and seamless access to accelerate open-source AI and foster next-gen applications. Headquartered in New York City, the team comprises global talent with deep expertise in AI/ML, blockchain, crypto, and Web3 ecosystem.