Web3 AI platform ChainML completes $6.2 million seed round extension financing, led by Hack VC
ChainCatcher news, according to The Block, the AI platform supporting Web3, ChainML, has raised $6.2 million in a seed round extension and launched a proxy base layer called Theoriq. The round was led by Hack VC, with participation from Foresight Ventures, Inception Capital, HTX Ventures, Figment Capital, Hypersphere Ventures, and Alumni Ventures.Ron Bodkin, co-founder and CEO of ChainML (former Director of Applied AI Technology at Google), stated that this round of financing took place at the end of last year, structured as equity and token warrants, and is now being announced alongside Theoriq. Bodkin declined to comment on the valuation.Additionally, the Web3 asset data platform RootData shows that ChainML is a scalable, censorship-resistant protocol for machine learning and related complex data-driven computing in Web3. ChainML collaborates with leading Web3 protocols as a design partner to apply machine learning to DeFi, gaming, social, and data infrastructure.