August 16, 2024
KIP Protocol, a Web3 base layer focused on AI, announced that it has raised $5 million in a private funding round. This round was led by Animoca Ventures and Tribe Capital, with additional investments from GBV Capital, DWF Ventures, and Morningstar Ventures. This new funding brings KIP Protocol’s total capital to $10 million, which will be used to advance its mission of promoting decentralized AI development.
Project | Latest Raise | Latest Raise Date | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|---|
KIP Protocol | $5M | August 16, 2024 | Private Round | $10M | Animoca Ventures, Tribe Capital | Web 3, AI |
About KIP Protocol
KIP Protocol is a decentralized AI framework designed to unlock digital property rights for knowledge assets in the AI-driven future. It provides a secure and efficient base layer for AI models, applications, and data owners to transact and monetize within the Web3 ecosystem. By leveraging blockchain technology, KIP Protocol ensures robust security and privacy, enabling creators to retain true ownership of their work. The platform supports a diverse range of projects, including AI-powered education and character-generation tools, and is backed by prominent investors and industry leaders.
Website: https://www.kip.pro/
About Investor
This round was led by Animoca Ventures and Tribe Capital, with additional investments from GBV Capital, DWF Ventures, and Morningstar Ventures.
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