YeagerAI, a Doral, FL-based AI research lab behind the decentralized AI network GenLayer, has raised $7.5 million in seed round. 

Investors 

The round was led by North Island Ventures, with participation from Node Capital, Arrington Capital, ZK Ventures, WAGMI Ventures, BlockBuilders, Maelstrom (Arthur Hayes' family office), and several angel investors. 

Founded in 2020, North Island Ventures is a venture capital firm based in New York, NY. The firm invests in crypto, media, gaming, and financial technology companies. 

About YeagerAI 

YeagerAI is an AI research lab dedicated to developing technology that promotes sovereignty, transparency, and decentralization. The company focuses on integrating artificial intelligence with blockchain through a concept called intelligent contracts. YeagerAI is behind GenLayer and GenWorlds. GenLayer is a blockchain platform that enables AI-powered smart contracts to process both code and natural language, streamlining the creation of decentralized applications. GenWorlds is an open-source framework for developing sophisticated multi-agent systems, allowing for extensive customization and autonomous cooperation. 

Funding Details 

Company: YeagerAI 

Raised: $7.5M 

Round: Seed Round 

Funding Date: August 2024 

Lead Investor: North Island Ventures 

Additional Investors: Node Capital, Arrington Capital, ZK Ventures, WAGMI Ventures, BlockBuilders, Maelstrom 

Company Website: https://yeager.ai/  

Software Category: Blockchain 

Source: https://en.bitpush.news/articles/7560591