HomeUKAssisterr Raises £1.3M in Pre-Seed Funding

Assisterr Raises £1.3M in Pre-Seed Funding

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Assisterr

Assisterr, a Cambridge, UK-based AI Infrastructure startup, raised £1.3M in Pre-Seed funding.

Backers included Web3.com Ventures, Moonhill capital, Contango, Outlier Ventures, Decasonic, Zephyrus Capital, Wise3 Ventures, Saxon, GFI Ventures, X Ventures, Koyamaki, Lucid Drakes Ventures, and angels, including Michael Heinrich, co-founder & CEO at 0g.ai, Mark Rydon, co-founder & CEO at Aethir, Nader Dabit, Director of Developer Relations at Eigen Labs, Anthony Lesoismier-Geniaux, co-founder at SwissBorg, Ethan Francis, Head of Developer Relationships at Particle Network and more.

The company intends to use the funds to accelerate new initiatives including protocol development and forming strategic partnerships to strengthen its infrastructure. It also plans to drive ecosystem growth by launching an incentive program used for model builders and data contributors.

Led by Nick Havryliak, CEO, and Co-founder, Assisterr is a startup building a network of community-owned small language models (SLMs). By leveraging the data provenance protocol and providing an end-to-end infrastructure for launching and maintaining community-owned SLMs, it empowers the value of aggregating human intelligence. Since its launch, the company has achieved key points, including attracting 150,000 registered users to its platform. It has also launched more than 60sSmall language models (SLMs) curated for leading Web3 protocols such as Solana, Optimism, 0g.ai, and NEAR.

The company has also been selected to participate in Google’s AI Startups program, securing $350k in funding that supports its GPU, CPU, and cloud infrastructure needs.

FinSMEs

05/08/2024

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