August 14, 2024
Rivalz Network, aiming to revolutionize the AI landscape with its AI Intel Layer, has secured $9 million in recent funding rounds. This funding is a significant milestone for Rivalz as it continues to innovate in AI data and decentralized infrastructure. Leading Investors Include Delphi Ventures, D1 Ventures, Gate.io, Magnus Capital, and Cogitent Ventures.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
Rivalz Network | $9M | August 14, 2024 | Strategic | Delphi Ventures, D1 Ventures, Gate.io, Magnus Capital, and Cogitent Ventures. | AI |
The company has attracted a diverse group of investors, including Zee Prime, Caballeros, Formless Capital, Dweb3, Mask.io, BitsCrunch, SL2, Momentum6, 4RC, Stakewithus, NewTribe, Autonomy Capital, Optic, Emoote, BlockBuilders, OIG, The Rollup, IBC, DWF Labs, GSR, Rana, CFG Labs, Basics Capital, Blocktheory, Pragma, X21, Kyros, iAngels, Wise3 Capital, and angels from 0g Labs, Clique, Metaking Studios (Blocklords), and Vader Research.
Rivalz is establishing a new paradigm in AI development with infrastructure that supports high-quality, secure, and accessible intel, paving the way for advanced autonomous systems and new value creation in agentic economies.
Since the launch of its Testnet in June 2024, Rivalz has attracted over 180,000 participants, 50,000 active storage client runners, and 14 million transactions, amassing a social audience of half a million. Currently, 8 projects are developing with Rivalz infrastructure in areas such as personalized AI in gaming, AI orchestration, and AI automation. Rivalz has also formed strategic partnerships with leaders like Dymension, Chainlink, Mon Protocol, Aethir, and Puffer Finance.
With the new funding, Rivalz plans to accelerate development, expand infrastructure capabilities, and enhance its ecosystem. The capital will be used to drive innovation, strengthen partnerships, and scale the project’s offerings to meet the growing demand for decentralized, high-quality AI data solutions.
About Rivalz
Rivalz Network is pioneering the future of AI data and intelligence with its AI Intel Layer, built on a decentralized infrastructure. The platform leverages a DePIN-based RollApp on Dymension, utilizing Celestia/EigenDA for secure and efficient data processing and storage. Rivalz aims to create a modular AI-app ecosystem, enabling the development of various AI applications. The network supports high-quality, secure, and accessible intel, facilitating the growth of autonomous systems and agentic economies. Users can earn $RIZ rewards by participating in the network, which emphasizes privacy and compliance while bridging the gap between DeFi and traditional finance.
Website: https://rivalz.ai/
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About Investor
Leading Investors Include Delphi Ventures, D1 Ventures, Gate.io, Magnus Capital, and Cogitent Ventures.
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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