The AI×DePIN project EMC has completed a million-dollar Series A financing, with participation from Swiss Bochsler Group and others
ChainCatcher news, according to official sources, the AI computing power and application network EMC (Edge Matrix Computing) has announced the completion of a multi-million dollar Series A strategic financing round, with investors including Swiss Bochsler Group, Future3 Campus, 1783 Labs, Frontier Research, DMC, VOFO Corp, Exabits.ai, Hashmeta, CEEX Labs, BlueSea, and other institutions and family offices.EMC is developed from the Web3 incubator Future3 Campus, jointly launched by Wanxiang Blockchain Lab and HashKey Capital. It is a flagship project of AI × DePIN, not only a leading high-performance decentralized AI computing power application network but also a thriving AI application ecosystem. It is the only platform in the web3 field that directly connects GPU computing power assets and AI applications, providing them conveniently and at low cost to ordinary developers and users.This financing, which took place at the beginning of the year, will accelerate EMC's layout of computing power nodes and the development environment for AI applications, as well as community ecosystem construction. It also reflects the trend of the integration of AI and Web3, and the aggregation of the entire ecosystem of the AI computing power industry chain. Among the investors are not only VC institutions but also computing power center service providers from Europe, America, and Australia, manufacturers and sellers of AI workstations, global IDC data center operators, decentralized storage service providers, and leading digital marketing platforms. This indicates that EMC will actively strengthen product connections and strategic partnerships in 2024, fully unleashing the enormous industry potential of the combination of AI applications and computing power DePIN.
