Inference Labs Raises $2.3 Million to Develop AI Verification Network and Fast-Track Product Development

Inference Labs' Pre-Seed Funding

Key Highlights:

• Pre-Seed Funding: Inference Labs, a company combining AI with Web3 technologies, raised $2.3 million in Pre-Seed funding.
• Investors: Funding led by Digital Asset Capital Management, Delphi Ventures & Mechanism Capital, with participation from various other investors.
• Product Development: Funds will be used to develop a network for efficient AI verification with Proof of Inference consensus and fast-track product development.

Inference Labs' Target Market

• Target Market: Companies and organizations interested in leveraging AI and Web3 technologies for various applications.
• Staking and Restaking Platforms: Users of staking and restaking platforms, such as Renzo and the Eigenlayer ecosystem, looking for automated liquid restaking strategies.
• Ethereum Network Participants: Individuals and entities utilizing the Ethereum network for additional rewards and providing training data.

What Inference Labs Needs to Buy

• AI and Web3 Development Expertise: Collaborating with AI and Web3 experts to enhance their technology and platform.
• Smart Contract Development: Services for developing and refining smart contracts for their ecosystem.
• Marketing and Branding Support: Assistance in marketing and branding to attract users and investors to their platform.