What is Network3?
Network3 is at the forefront of developing a dedicated AI Layer2, offering essential services to AI developers globally. The company's platform facilitates rapid, convenient, and efficient model training and validation through advanced techniques such as AI model algorithm optimization and compression, federated learning, edge computing, and confidential computing. This focus on optimizing the AI development lifecycle positions Network3 as a critical enabler for the next wave of artificial intelligence innovation.
How much funding has Network3 raised?
Network3 has raised a total of $5.5M across 1 funding round:
Angel/Seed
$5.5M
Angel/Seed (2024): $5.5M with participation from Borderless Capital, EV3 Power, SNZ, and IoTeX Eco fund
Key Investors in Network3
Borderless Capital
Borderless Capital is a prominent investment management firm specializing in Web3 technology, actively supporting innovators in blockchain and decentralized systems. Since 2018, they have invested in over 250 projects, fostering global Web3 communities and focusing on open networks and real-world infrastructure.
EV3 Power
EV3 Power offers comprehensive sustainable electric power services, including energy capture, storage, and usage, with a proven track record of innovation in the UK market. They cater to large-scale projects, emphasizing a consultative approach and high service levels.
SNZ
SNZ Holding is a firm that believes in the transformative potential of blockchain technology to reshape human history. They actively seek and support promising blockchain projects, acting as a supporting node and providing business implementation services for decentralized ventures.
What's next for Network3?
With this substantial enterprise-level backing, Network3 is poised for significant expansion and further development of its AI Layer2 infrastructure. The strategic investment signals a clear trajectory towards scaling its operations and enhancing its service offerings to a broader developer community. Future initiatives will likely focus on deepening its technological capabilities, expanding its market reach, and solidifying its position as a leader in providing efficient and secure AI model development solutions.
See full Network3 company page
