What is Bagel?
Founded in 2023 by CEO Bidhan Roy, Bagel Network operates as a sophisticated marketplace designed to bridge the gap between data providers and machine learning engineers. The platform serves as a decentralized hub where datasets are traded, licensed, and utilized to advance the development of Artificial General Intelligence. By prioritizing privacy and data integrity, the company distinguishes itself from traditional, centralized data silos. Its core value proposition lies in the creation of a trustless environment where autonomous agents can interact, thereby accelerating the evolution of self-developing AI systems. This market position is bolstered by a commitment to transparency and the democratization of high-quality training data, which remains a scarce resource in the current AI boom.
How much funding has Bagel raised?
Bagel has raised a total of $3.1M across 1 funding round:
Other Financing Round
$3.1M
Other Financing Round (2024): $3.1M with participation from Maven 11 Capital, CoinFund, and Borderless Capital
Key Investors in Bagel
Maven 11 Capital
Maven 11 is a crypto-native fund that partners with bold founders who are redefining ownership through open and inclusive crypto networks, emphasizing active participation and technical fluency.
CoinFund
CoinFund is a blockchain-focused investment firm founded in 2015 that supports venture and liquid opportunities within the blockchain sector, focusing on digital assets and decentralized infrastructure.
Borderless Capital
Borderless Capital is a leading investment management firm focused on Web3 technology, dedicated to supporting the next generation of innovators in blockchain and decentralized technology.
What's next for Bagel?
With this major enterprise-level funding, Bagel Network is poised to accelerate its product development roadmap and expand its footprint within the global AI research community. The strategic allocation of capital will likely focus on enhancing the platform's technical infrastructure, specifically regarding the verifiable integrity of data exchanges and the scalability of its autonomous agent protocols. As the company moves into its next phase of growth, it will likely prioritize partnerships with major AI labs and research institutions to solidify its role as the foundational layer for decentralized data. The focus remains on fostering a robust ecosystem where data ownership and collaborative innovation drive the next generation of intelligent systems.
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