0G Labs 👀

Crypto-AI startup 0G Labs raises $40 million seed and receives $250 million token purchase commitment

Zero Gravity Labs (0G Labs or 0GL), a crypto-AI startup developing infrastructure for a decentralized AI system, has announced $290 million in new funding. This includes a $40 million seed round raised by the Labs and a $250 million token purchase commitment received by the 0G Foundation, the independent governance body for the 0G Protocol.

Investors include Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands and its co-founder Yat Siu, Polygon and its co-founder Sandeep Nailwal, Stanford Blockchain Fund, Abstract VC, Alchemy, Blockdaemon, Foresight Ventures and many others, 0G Labs said Wednesday. It did not specify which investors participated in the seed round and which provided the token purchase commitment.

https://www.theblock.co/post/326241/crypto-ai-startup-0g-labs-funding-token-commitment