Sahara AI, a Los Angeles, CA-based provider of a decentralized blockchain platform built for open and equitable AI, raised $43M in funding.
The round was led by Pantera Capital, Binance Labs, and Polychain Capital, with participation from Samsung NEXT, Matrix Partners, dao5, Geekcartel, Nomad Capital, SCB 10X, Canonical Capital, Mirana Ventures, Foresight Ventures, Dispersion Capital, Aegis Ventures, Alumni Ventures, and Tangent Ventures, among others.
The company intends to use the funds to expand its global team of experts, enhance the performance of its AI blockchain, and grow its developer ecosystem.
Led by CEO Sahara AI provides a decentralized blockchain platform that prioritizes sovereignty and provenance of AI, ensuring security, equity, and accessibility for all users.
Today, it is used by 35+ tech innovators and research institutions, such as Microsoft, Amazon, MIT, Motherson Group, and Snap.
Sahara AI has also partnered with strategic angels and advisors from the AI industry and academia including Laksh Vaaman Sehgal (Vice Chairman, Motherson Group), Rohan Taori (Research Scientist, Anthropic), Teknium (Co-founder, Nous Research), Vipul Prakash (CEO, Together AI), and Elvis Zhang (Founding Member, Midjourney).
FinSMEs
14/08/2024