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Home»ADOPTION NEWS»Sahara has secured $6 million in seed funding to transform knowledge sharing through AI and blockchain.
ADOPTION NEWS

Sahara has secured $6 million in seed funding to transform knowledge sharing through AI and blockchain.

By Crypto FlexsMarch 6, 20243 Mins Read
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Sahara has secured  million in seed funding to transform knowledge sharing through AI and blockchain.
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Sahara, a decentralized AI network, has raised $6 million in a seed funding round led by Polychain Capital to revolutionize knowledge sharing and monetization using AI and blockchain technology.

Sahara, a decentralized AI network that aims to transform the way knowledge is owned, shared, and monetized globally, announced the successful completion of a $6 million seed funding round. The round was led by Polychain Capital, with participation from renowned investors such as Samsung Next, Matrix Partners, Motherson Group, dao5, Geekcartel, Canonical Crypto, Nomad Capital, Dispersion Capital, Alumni Ventures, Tangent Ventures, and Coho Deeptech. Angel investor Sandeep Nailwal also participated in this round.

The Sahara Network enables individuals and businesses to create custom autonomous knowledge agents (Sahara KAs) in a trustless, permissionless, privacy-centric environment. By leveraging this decentralized network, users can explore monetization and automation opportunities for their knowledge assets through AI, while ensuring data sovereignty and reducing the risks associated with centralized control of data.

Co-founded by Professor Sean Ren and Tyler Zhou in May 2023, Sahara boasts a team of experts in the AI ​​and web3 industries. Professor Sean Ren, co-founder and CEO, has contributed greatly to AI research and innovation, receiving recognitions such as Samsung AI Researcher of the Year, MIT TR Innovator under 35 (Asia Pacific), and Forbes Asia 30. Under 30 years old. Co-founder and COO Tyler Zhou has extensive experience in the blockchain industry, having previously served as Investment Director at Binance Labs.

Sahara’s product line includes infrastructure and applications that support a variety of use cases, including business, consumer, research, and developer needs. Our two cornerstone products are Sahara Knowledge Agent (KA) and Sahara Data. Sahara KA is an AI that goes beyond conversational capabilities to autonomously analyze external and internal proprietary data to deliver trusted, personalized decisions. Sahara Data provides high-value data services for AI model training while addressing security and privacy concerns when processing data.

Since its inception, Sahara has attracted more than 30 enterprise clients ranging from Fortune 500 companies to unicorn startups including Microsoft, MIT, Motherson Group, and USC. The newly acquired funds will be utilized to expand Sahara’s team and strengthen its AI and blockchain-enabled product portfolio. Over the next year, the network plans to grow to include Sahara Vault, Sahara ID, and Sahara Network, allowing individuals and businesses to freely explore within the Sahara ecosystem.

Luke Pearson of Polychain Capital said, “Sahara’s integration of blockchain technology and AI not only improves privacy and security, but also ensures traceability and recognition of contributions. Sahara’s innovative approach creates an unparalleled opportunity for individuals and individuals. “All companies are setting new standards for how they own, share, and monetize knowledge in the digital age.”

As Sahara continues to develop groundbreaking technology, the successful seed funding round is critical to the company’s mission to democratize access to global knowledge capital and advance human-AI collaboration while respecting user sovereignty and promoting a sustainable digital economy. It becomes a milestone.

Image source: Shutterstock

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