Spice AI Raises $13.5 Million Seed Funding to Enable Web3 Developers to Build Data and AI-driven Applications
Spice AI today announced a seed round of $13.5 million for its platform that enables developers to build data driven applications for Web3.
- Spice AI today announced a seed round of $13.5 million for its platform that enables developers to build data driven applications for Web3.
- Spice AI is building a developer first platform to create AI/ML-driven applications that harness time series data a valuable yet difficult to harness data set for any organization.
- Solving the data problem in Web3 requires deep domain knowledge and Spice AI is building the infrastructure, so developers do not have to deal with the complexity of building it themselves.
- We see a massive opportunity for Spice AI to provide a developer-first framework and intelligent data sets that unlock insights in blockchain data and enable developers to create intelligent distributed Web3 applications, said Tim Porter, Managing Director at Madrona.