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Funding
OpenLedger raises USD 8 million in seed funding from Polychain Capital and Borderless Capital
Enterprise Blockchain Solutions
Jul 2, 2024
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Enterprise Blockchain Solutions

Enterprise Blockchain Solutions

Jul 2, 2024

OpenLedger raises USD 8 million in seed funding from Polychain Capital and Borderless Capital

Funding

  • OpenLedger, a blockchain infrastructure provider for AI applications, has secured USD 8 million in seed funding led by Polychain Capital and Borderless Capital, with participation from Finality Capital, Hash3, HashKey Capital, STIX, TRGC, Mask Network, and MH Ventures among others.

  • The company plans to use the funding to expand its employee base and support the launch of its testnet in Q4 2024. 

  • OpenLedger offers permissionless data infrastructure that enables developers to connect verified data from multiple sources to build and train their AI models. The company provides high-quality annotations to ensure effective training and accuracy, reinforcement learning features, dataset management, and optimization solutions. Moreover, OpenLedger leverages EigenLayer’s Active Validated Service (AVS) and dedicated nodes to provide users with the Ethereum blockchain’s security.

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