Tensorplex Labs Raised $3M in Seed Funding to Forge New Pathways for Decentralized AI and Web3 Integration
Positioned at the intersection of Web3 and AI, Tensorplex Labs is pioneering the creation of "railways" essential for the open-source development and application of AI.
Company Name: Tensorplex Labs
Location: Web3 and AI Space
Sector: Decentralized AI Networks & Web3
Funding Details: Raised $3m in seed funding led by Canonical Crypto and Collab+Currency, with Digital Currency Group, Quantstamp, and Amber Group also participating.
Purpose of Investment: To scale infrastructure supporting decentralized AI networks.
Product: Tensorplex Labs is developing key infrastructure to facilitate the growth of open-source AI through decentralized finance principles and proof-of-stake networks. Their initiatives aim to bridge the gap between DeFi applications and decentralized AI technologies.
About Company: Positioned at the intersection of Web3 and AI, Tensorplex Labs is pioneering the creation of "railways" essential for the open-source development and application of AI. Through products like Tensorplex LST and Stream, the company showcases how decentralized AI can interact with and enhance the DeFi ecosystem. Their efforts focus on making participation in decentralized AI networks accessible and beneficial while maintaining liquidity and composability for tokens within the DeFi space.