What does NodeFoundry AI do?
NodeFoundry AI operates as a DePIN and AI agent aggregator platform, offering an abstraction layer that enables scalable, cost-effective, and censorship-resistant AI processing by aggregating compute resources from decentralized physical infrastructure networks.
How much did they raise?
The company completed an undisclosed Seed funding round led by BlockchainVelocity, with participation from a syndicate of angel investors focused on Web3 and DePIN investments.
What are their plans for the money?
With the new capital, NodeFoundry AI plans to accelerate the launch of its DePIN-powered AI compute marketplace and prepare for a closed beta launch. The funds will help expand their platform capabilities and make it accessible to both Web2 and Web3 users via newly released APIs, potentially transforming the AI landscape.
What have they achieved so far?
NodeFoundry AI is gearing up for its closed beta launch by onboarding select partners and early adopters, demonstrating early progress in testing and refining its innovative approach to AI and decentralized infrastructure integration.