Web3 AI platform ChainML raises $6.2 million in seed extension round | Headlines | News | CoinMarketCap

05/13/2024 23:15
Web3 AI platform ChainML raises $6.2 million in seed extension round | Headlines | News | CoinMarketCap

ChainML, a web3-enabled AI platform, has raised $6.2 million in a seed extension round and unveiled its agentic base layer called Theoriq.  …

ChainML, a web3-enabled AI platform, has raised $6.2 million in a seed extension round and unveiled its agentic base layer called Theoriq. 

Hack VC led the funding round, with Foresight Ventures, Inception Capital, HTX Ventures, Figment Capital, Hypersphere Ventures and Alumni Ventures participating, ChainML said Monday. The round, structured as equity with token warrants, was raised at the end of last year and is now being announced alongside the reveal of Theoriq, ChainML co-founder and CEO Ron Bodkin (a former technical director of applied artificial intelligence at Google), told The Block. Bodkin declined to comment on the valuation.

ChainML's seed extension round comes nearly two years after it raised $4 million in a seed funding round led by IOSG Ventures in September 2022.

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