What is Network3?
Network3 operates as a specialized AI Layer2 platform, addressing the critical bottlenecks in model training and validation. By integrating advanced methodologies such as AI model algorithm optimization, compression, federated learning, and edge computing, the company provides a robust environment for developers to deploy high-performance models with increased efficiency. Its focus on confidential computing ensures that data privacy remains a cornerstone of its service offering, positioning Network3 as a vital utility for the next generation of decentralized intelligence. The company serves as a bridge between raw computational power and the complex requirements of modern machine learning workflows, effectively lowering the barrier to entry for sophisticated AI deployment.
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 EV3 Power, IoTeX Eco fund, SNZ, and Borderless Capital
Key Investors in Network3
EV3 Power
EV3 Power is a specialized firm focused on sustainable energy solutions, providing expertise in energy capture and storage infrastructure for large-scale projects.
SNZ
SNZ Holding is a venture firm dedicated to the decentralized web, acting as an active node and strategic partner for blockchain-based technological advancements.
Borderless Capital
Borderless Capital is a prominent investment management firm focused on Web3 and decentralized infrastructure, supporting innovators through extensive industry experience and global reach.
What's next for Network3?
The recent infusion of capital will be directed toward expanding the company's technical infrastructure and deepening its market penetration within the AI developer ecosystem. As Network3 transitions from its foundational phase into a period of rapid scaling, the focus will shift toward optimizing its federated learning protocols and enhancing the scalability of its edge computing nodes. By leveraging the expertise of its strategic backers, the firm aims to solidify its position as a leader in the decentralized AI space, fostering a more transparent and efficient paradigm for model training. Future initiatives will likely prioritize the integration of new computational resources and the expansion of its developer-centric service suite to meet the surging demand for decentralized, privacy-preserving AI solutions.
See full Network3 company page
