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FLock.io raises USD 6 million in seed funding to enhance federated learning-powered training platform
Machine Learning Infrastructure
Mar 28, 2024
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Machine Learning Infrastructure

Machine Learning Infrastructure

Mar 28, 2024

FLock.io raises USD 6 million in seed funding to enhance federated learning-powered training platform

Funding

  • FLock.io, a decentralized AI training platform powered by federated learning technologies, has raised USD 6 million in a seed funding round co-led by Lightspeed Faction and Tagus Capital.

  • The recently acquired funding will be directed toward further developing FLock.io's technology and platform.

  • Formed in 2022 and based in the UK, FLock.io offers an end-to-end AI co-creation stack that utilizes a blend of federated learning and blockchain technologies. The platform was launched on March 20 and was developed by a group of Oxford Alumni with more than 10 years of industry and research experience in AI and crypto industries.

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