Lumino, a San Francisco, CA-based AI infrastructure startup, has raised $2.8 million in pre-seed funding round. 

Investors

The investors participating in this round include Longhash Ventures, Inception Ventures, Protocol Labs, TRGC, L2IV, Zero Knowledge Ventures, Fenbushi Capital, Quaker Capital Investments, OrangeDAO, and Escape Velocity. 

About Lumino

Founded in July 2023 by Eshan Chordia and Yogesh Darji, Lumino is building an integrated hardware and software compute protocol for AI workloads. It offers a decentralized computing platform that allows users to train AI models, with a particular emphasis on reducing machine learning training costs. The protocol uses economic incentives to bring compute resources together, blockchain to ensure models are being trained correctly, and an SDK for developers to get started instantly. Customers can start training their AI models in minutes with the Lumino SDK. 

Funding Details     

Company: Lumino Labs, Inc.

Raised: $2.8M  

Round: Pre-Seed Round  

Funding Month: March 2024              

Investors: Longhash Ventures, Inception Ventures, Protocol Labs, TRGC, L2IV, Zero Knowledge Ventures, Fenbushi Capital, Quaker Capital Investments, OrangeDAO, Escape Velocity  

Company Website: https://www.luminolabs.ai/   

Software Category: Compute Platform

Source: https://www.prnewswire.com/news-releases/lumino-announces-pre-seed-round-302090853.html