KIP Protocol Closes Private Round to Jumpstart Decentralized AI Innovation
Singapore, 14 August 2024 – KIP Protocol, the Web3 Base Layer for AI, announced a successful $5 million raise in its latest private funding round, co-led by Animoca Ventures and Tribe Capital. This round propels KIP’s total funding to $10 million, accelerating its mission to decentralize AI development.
Co-led by Animoca Ventures and Tribe Capital, other investors in the round also include GBV Capital, DWF Ventures, Morningstar Ventures, Kyros Ventures, K300 Ventures, New Tribe Capital, ZBS Capital, Purechain Capital and Fomocraft Ventures.
In addition to the recent passing of OCP-12 in which KIP Protocol would launch and manage Open Campus U, the closing of the private round is another milestone in KIP Protocol’s mission of dismantling monopolistic barriers in the AI industry and ...