Blockchain-Based, Ai Compute Protocol Gensyn Raises $43 Million In A16Z-Led Round
06/12/23, 3:15 PM
Location
Money raised
$43 million
Industry
science and engineering
software
Investors
Oriol Vinyalas, Maven 11, Eden Block, Protocol Labs, Canonical Crypto, Coin Fund, A16z Crypto
London-based Gensyn has raised $43 million in a Series A funding round. The company offers a blockchain-based protocol that connects buyers and sellers of compute power, offering a cryptographic verification system to provide proof that the machine learning work sent has been completed correctly.