New post Need visibility? Apply for a FREE post for your Startup.  Apply Here

ArticleArtificial IntelligenceRandom

San Francisco-Based AI Platform Lumino Raises $2.8M In Pre-Seed Funding

1 Mins read

Lumino, a startup based in San Francisco, California, specializing in open, efficient, accessible, and cheaper AI infrastructure powered by blockchain and crypto.

In a recent report, the company announced that it has successfully secured $2.8 million in Pre-Seed funding. The funding round saw participation from a notable group of investors, including Longhash Ventures, Inception Ventures, Protocol Labs, TRGC, L2IV, Zero Knowledge Ventures, Fenbushi Capital, Quaker Capital Investments, OrangeDAO, and Escape Velocity.
With this financial support, Lumino aims to bolster its operations and ramp up its development efforts.

The California-based AI infrastructure was established in July 2023 by Eshan Chordia and Yogesh Darji. Lumino is dedicated to creating an integrated hardware and software compute protocol tailored for AI workloads. Their innovative approach leverages economic incentives to pool compute resources, blockchain technology to ensure accurate model training, and a user-friendly SDK for seamless developer integration. Through the Lumino SDK, customers can initiate AI model training within minutes, streamlining the development process and empowering developers to harness the power of AI efficiently.

Don’t miss any tech news ever!

We don’t spam! Read our privacy policy for more info.

345 posts

About author
We are the same, we may only be different in our experiences, values and exposures. Technology is a big part of my experience, learning is one of my values and writing my credible means of exposure.
Articles
Related posts
ArticleArtificial IntelligenceRandom

NYC-Based AI Platform Tabs Raises $7M In Seed Funding

1 Mins read
The advent of Artificial intelligence (AI) has reshaped our world in ways we never imagined possible. From smartphones to smart homes, smart…
ArticleMobileNow you knowRandom

5 Essential Android Apps iPhones Should Have

3 Mins read
The battle for supremacy between the iPhone and Android mobile phones seems ending. The argument for and against whichever brand you support…
ArticleRandom

Moove Leads African Startups’ $466m Fundraising In Q1 2024—Report

1 Mins read
The rise in many startups having their roots in Africa is a testament that Africa is indeed not lagging in the race…
Newsletter Subscription

🤞 Don’t miss any update!

We don’t spam! Read more in our privacy policy

Join our Telegram channel here - t.me/TechpadiAfrica

Leave a Reply