Allora (Seed)
Funding Details
Awarder
Inbox
Date Award
June 24, 2024
Vertical
Decentralised AI Network
Premoney Valuation
$1,000,000
Valuation
$35,000,000
Funding Amount
$3,000,000
Company Info
Founders
Nick Emmons
Market
AI and DeFi
Location
US
Coinvestors
Archetype, Delphi Ventures, CMS Holdings, ID Theory, DCF God
Company Description

Allora is building a decentralised network as a layer-1 blockchain on the Cosmos stack to address a pressing issue in AI models, which co-founder and CEO Nick Emmons calls 'siloed machine intelligence.' The company aims to create a decentralised environment where models can collaborate to optimize shared goals, enhancing their performance and accuracy.

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