Raiinmaker, an AI training tech startup, successfully raised $7.5 million in a seed round led by Jump Capital and Cypher Capital, highlighting its novel mobile-centric AI training tools.
Offering a decentralized platform for training AI via smartphones, Raiinmaker rewards users for their contributions to AI development. The funding round, supported by Gate.io Labs, MEXC Global, and others, paves the way for Raiinmaker’s mainnet launch in April and the introduction of its $COIIN token. Founder J.D. Seraphine anticipates leveraging the synergy of decentralized AI and blockchain against the backdrop of current market trends.
“There’s a perfect confluence of events occurring right now with the collision of decentralized AI, a performant blockchain infrastructure, and the crypto market bull run. Our team has been building for years to get here and we are excited that our moment has finally arrived,” said Founder and CEO of Raiinmaker, J.D. Seraphine, in a press release.