Cryptos: 29,365 Exchanges: 653 Market Cap: $2,380.32B 24h Vol: $64.46B Dominance: BTC 51.9% ETH 15% ETH Gas:  7 Gwei
Seclect Currency

Fiat currencies

    Crypto Currencies

      No results for ""

      We couldn't find anything matching your search.Try again with a different term.

      Gensyn's Logo

      Gensyn - Series A

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      June 12, 2023

      Financing amount

      $43M

      Valuation

      --

      Subcategory

      AI

      About Gensyn - Series A

      Gensyn, a provider of blockchain-based computing resources for artificial intelligence platforms (AI), has secured a $43 million, Series A funding round, led by venture capital giant a16z.

      With its latest round, Gensyn has raised more than $50 million and the company said it would use the fresh capital to accelerate the introduction of the protocol and to expand its workforce, including the addition of protocol and machine learning engineers. Prominent investment firms CoinFund, Canonical Crypto, Protocol Labs, Eden Block and a variety of AI and crypto venture capitalists and angels joined a16z in the round.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      FundUnited States of America2009137businessplans@a16z.com
      FundUnited States of America201583info@coinfund.io
      FundUnited States of America202114--
      LabUnited States of America201465--
      FundIsrael201718hello@edenblock.com

      Founders & Team

      Harry Grieve's Logo

      Harry Grieve

      Ben Fielding's Logo

      Ben Fielding

      Company Profile / Project Introduction

      The Gensyn network is the Machine Learning Compute Protocol that unites all of the world's compute into a global machine learning supercluster, usable by anyone at any time. The U.K.-based company's protocol enables developers to build AI systems on smaller data centers, personal gaming computers and other connected hardware and to pay on demand. Gensysn uses a cryptographic verification network that without the need for intermediaries allows users to determine that machine learning work shared over the protocol has been finished correctly.

      View More
      *Fundraising Announcement: Click here