The startup closed a $40 million seed round and secured another $250 million in liquid funds for its blockchain-based decentralized AI infrastructure.
Zero Gravity Labs (0G Labs) has announced a $290 million capital financing to build the world’s first decentralized artificial intelligence operating system (dAIOS).
According to a Nov. 13 announcement, the startup completed a $40 million seed raise from a range of venture capital firms, including Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands, Stanford Blockchain Fund, Polygon and several other investors.
Another $250 million was secured through a financing agreement granting the startup access to a liquid line of credit and a commitment to its token purchases. The liquid line will enable the 0G Foundation — the organization behind the protocol — to access liquid digital assets held on exchanges at over-the-counter rates.
