FLock, a web3 startup that decentralizes artificial intelligence training, raised $6 million in seed funding. Venture firms Lightspeed Faction and Tagus Capital led the round, which included participation from DCG, OKX Ventures and Volt Capital, among others. The seed round brings FLock's total funding raised to $8 million, the firm's CEO Jiahao Sun told The Block. Sun added that FLock's board of directors will not change following the round since FLock is still at a Simple Agreement for Future Equity (SAFE) stage.
Read the full story at The Block.
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