August 08, 2024
375ai, a decentralized edge data intelligence network based in Palo Alto, CA, has secured $5M in Seed funding. The funding round was led by 6th Man Ventures, Factor, Arca, EV3, Primal Capital, and Auros. The company plans to use the funds to enhance its operations and development efforts. Under the leadership of CEO Harry Dewhirst, 375ai is focused on creating a large decentralized edge data intelligence network. Their goal is to revolutionize data collection, analysis, and monetization at the edge through innovative AI-driven data transfer.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
375ai | $5M | August 8, 2024 | Seed | 6th Man Ventures, Factor, Arca, EV3, Primal Capital, and Auro | Data |
375ai has launched its first product, 375edge, an advanced edge AI node that efficiently and accurately collects and analyzes multimodal data in real-time. These devices are now available for public purchase, with installation services provided.
About 375ai
375ai is pioneering the world's first decentralized edge data intelligence network. Based in Palo Alto, CA, the company leverages advanced AI and blockchain technology to enable real-time data processing and analysis, ensuring data privacy and enhanced user experiences. Their flagship product, 375edge, is an advanced edge AI node designed to collect, process, and transmit multimodal data efficiently and accurately. Additionally, the 375go mobile app allows users to contribute and validate data, earning rewards through the decentralized network. By deploying these technologies, 375ai aims to revolutionize data collection, analysis, and monetization at the edge.
Website: https://www.375.ai/
About Investor
The funding round was led by 6th Man Ventures, Factor, Arca, EV3, Primal Capital, and Auros.
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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