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Recently Funded|Amount: USD 25.0M|Industry: Technology, Information and Internet

Funding Milestone Achieved: RitualNet Secures $25 Million for AI Execution Layer Innovation

ritualnet

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11-50 employees employees (Est.)
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RitualNet is thrilled to announce that we have successfully raised $25 million in our latest funding round, a testament to the growing demand for our innovative AI solutions in the blockchain space. As an open, sovereign execution layer tailored for AI, RitualNet empowers developers to effortlessly integrate artificial intelligence into their applications or protocols across various blockchain networks. Our unique platform enables users to fine-tune, monetize, and perform inference on models with advanced cryptographic schemes, ensuring security and transparency. This significant investment will accelerate our mission to enhance the accessibility and utility of AI, providing developers with the tools they need to harness the power of machine learning while retaining control over their data and algorithms. The funds will be devoted to expanding our development team, refining our technology, and rolling out key features that will make RitualNet an indispensable resource for developers looking to leverage AI in their blockchain projects. We are excited to broaden our reach, empower innovators, and foster a community that is at the forefront of the AI and blockchain convergence. With this funding, RitualNet reaffirms its commitment to building a truly open and sovereign AI ecosystem, unlocking new possibilities for creators and enterprises alike.
November 3, 2024

Buying Signals & Intent

Our AI suggests ritualnet may be interested in solutions related to:

  • AI Development
  • Blockchain Solutions
  • Smart Contract Audit
  • Tech Recruitment
  • Software Tools

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