HomeUSAMira Raises $9M in Seed Funding

Mira Raises $9M in Seed Funding

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Mira, a Singapore-based provider of a decentralized infrastructure platform to expand access to advanced AI, raised $9M in Seed funding.

The round was led by BITKRAFT Ventures and Framework Ventures, with participation from Accel, Crucible, Folius Ventures, Mechanism Capital, SALT Fund, and angel investors.

The company intends to use the funds to expand its headcount globally and support the development of the Mira network and its first set of ecosystem applications including Klok, an AI copilot for crypto.

Led by Karan Sirdesai, Mira makes it easy for anyone in Web2 or Web3 to integrate AI technology into compatible platforms by minimizing complexities and incentivizing active developer participation through rewards. As an API marketplace, the company allows developers and creators to consume open-source AI resources through AI SDKs.

Mira leverages blockchain technology to secure the underlying data for the AI models, to ensure that all resources are properly allocated, and to enable developers to create Web2 and Web3-compatible resources.

As an API marketplace, Mira allows developers and creators to consume open-source AI resources through easy-to-use AI SDKs. Through the combination of models, data, and compute, developers and creators can publish Mira Flows, a new AI primitive, for users to utilize for a usage-based fee. This fee is permissionlessly attributed and re-distributed to Flow creators and resource contributors through the Mira blockchain. Mira’s community zeros in to find and implement high-signal AI improvements, handling updates, and maintenance for global customers across domains such as software, gaming, media, etc., enabling them to experiment with building AI products at scale. A dozen teams are leveraging Flows to integrate open-source AI capabilities into applications, with many set to launch in the coming months.

FinSMEs

16/07/2024

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