DeAgent AI Secures $6 Million in Funding for Web3 AI Network

IconCryptoNewsTerminal Staff07 Aug, 2024

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DeAgent AI Secures $6 Million in Funding for Web3 AI Network

DeAgent AI, a web3 AI network, has raised $6 million in seed funding to develop its platform. The funding round was led by Web3dotCapital and Vertex Ventures, with participation from HixCapital, Kernel Labs, Waterdrip Capital, Tydo Capital, Pannonian, ChainCatcher, GoPlus, and UXLINK. The proceeds from the funding round will be used to accelerate the development of DeAgent AI's platform, which provides AI tools for web3 applications. The company's goal is to make AI more accessible and affordable for web3 developers by providing a suite of easy-to-use APIs and tools. DeAgent AI's platform includes a range of AI capabilities, such as natural language processing, computer vision, and machine learning. These capabilities can be used to develop a wide variety of web3 applications, such as chatbots, recommendation engines, and data analytics tools. The company's technology has already been used by a number of high-profile web3 projects, including The Sandbox, Polygon, and Chainlink. DeAgent AI is also a member of the Web3 Foundation, which is a non-profit organization that supports the development of the web3 ecosystem.