The decentralized AI
infrastructure platform will leverage funds to universalize access
to cutting-edge AI
SINGAPORE,
July 16,
2024 /PRNewswire/ -- Mira, a
decentralized infrastructure platform to expand access
to advanced AI, today announced the closing of a $9M seed round led by BITKRAFT Ventures and
Framework Ventures, a major crypto-native venture
capital firm best known for its early entrance in the
DeFi space. The round also saw participation from
Accel, Crucible, Folius Ventures, Mechanism Capital, SALT Fund, and
notable angel investors.
Founded and operated by a team with experience at
some of the largest tech companies including, Accel, Amazon AI,
BCG, Uber, Stader, and more, Mira offers a user-friendly suite of
SDKs that provides a solution for navigating the complexity of AI
infrastructure today. The seed round is the latest step in the
company's continued growth and helps lay the foundation for future
initiatives from the company. Mira plans to utilize the funds to
expand its headcount globally and support the development of the
Mira network and its first set of ecosystem applications including
Klok, an AI copilot for crypto.
"Mira is set to offer hundreds of actionable AI
workflows that save developers time and effort in creating and
maintaining complex AI products. Mira also allows AI contributors
to maintain sovereign ownership of their models, data, and their
use while being able to monetize these resources via our
marketplace," said Karan Sirdesai, Co-Founder of Mira.
"Crypto incentives play a key role in aligning our
community to consistently maintain, evaluate, and advance our
ecosystem, fueling its growth and capabilities. As Mira expands, it
will unlock access to a whole new area of AI development and use
cases which are primed to advance the technology sector."
As an API marketplace, Mira allows developers and
creators to consume open-source AI resources through easy-to-use AI
SDKs. Through the combination of models, data, and compute,
developers and creators can publish Mira Flows, a new AI primitive,
for users to utilize for a usage-based fee. This fee is
permissionlessly attributed and re-distributed to Flow creators and
resource contributors through the Mira blockchain. Mira's community
zeros in to find and implement high-signal AI improvements,
handling updates, and maintenance for global customers across
domains such as software, gaming, media, etc., enabling them to
experiment with building AI products at scale. A dozen teams are
leveraging Flows to integrate open-source AI capabilities into
applications, with many set to launch in the coming months.
"With the AI sector's continued growth, the
industry faces a considerable risk of monopolization by major tech
corporations, who have a significant advantage over open-source
communities because of their abundant resources," said Framework
Ventures Partner Roy Learner. "We think Mira can tackle this
challenge by helping open-source developers monetize their work,
ensuring compensation for their contributions, and reducing the
loss of talent from the open-source community."
"As a leading gaming fund, we've had a unique
view of our portfolio companies leveraging AI models in building
world class consumer products," said Justin
Swart, Principal at BITKRAFT Ventures. "Whether it's hacking
together open-source models or crafting bespoke tools, many
developers want standardized workflows without surrendering their
data to entrenched AI model providers. Mira is creating this
infrastructure - enabling all developers to effortlessly build and
sustain sophisticated AI products while incentivizing the
open-source contributors who maintain them. This is why we're
excited to back this exceptional team.."
Join Mira's community to create AI products,
monetize and refine AI skills, and be among the first to join the
beta for Mira's first ecosystem app and crypto
co-pilot, Klok.
About Mira
Mira is poised to transform how AI is
developed, utilized, and maintained through its vision to
democratize and simplify AI access, setting a new standard for AI
as a service. Mira makes it easy for anyone in Web2 or Web3 to
integrate AI technology into compatible platforms by minimizing
complexities and incentivizing active developer participation
through rewards. As an API marketplace, Mira allows developers and
creators to consume open-source AI resources through easy-to-use AI
SDKs. Mira leverages blockchain technology to secure the underlying
data for the AI models, to ensure that all resources are properly
allocated, and to enable developers to create Web2 and
Web3-compatible resources. Mira was founded and brought to life by
a team of AI and MLops developers with experience at some of the
largest tech companies including Accel, Amazon, BCG, Google,
Stader, and more. Mira is also backed by notable VC firms, such as
BITKRAFT Ventures, Framework Ventures, and Accel.
Follow Mira on Twitter and join the Discord
community to stay connected and help shape the future of AI.
About BITKRAFT Ventures
BITKRAFT
Ventures is a leading global investment platform focused on Gaming
and interactive media according to research from InvestGame and
Drake Star Partners. Founded by industry pioneer Jens Hilgers, BITKRAFT serves a worldwide
network that spans many of the industry's forward-thinking startups
and founders—including former executives from the likes of
Activision Blizzard, Riot Games, Epic Games, Google, and Apple who
are working to build and operate the virtual worlds and economies
of the future. BITKRAFT operates six venture funds with a total of
over $900M in assets under management
and has over 100 companies in its global portfolio as of
June 2024.
BITKRAFT's experienced international team works
closely with entrepreneurs to help create significant value through
early candid partnerships, unique domain experience,
entrepreneurial history, and a global ecosystem of strategic
partners. Find out more about how BITKRAFT and its portfolio
companies are seeking to push the boundaries of Synthetic Reality®
by visiting https://www.bitkraft.vc/vision.
About Framework
Framework Ventures is a major VC firm in the crypto
industry, known for its early investments in several multi-billion
dollar protocols across the DeFi and web3 gaming
industries. In 2022, the firm raised $400M for its third fund, and has since
significantly expanded into additional maturing verticals like web3
gaming, real world assets, and social crypto. To learn
more visit: https://framework.ventures/
Media Contact:
mira@mgroupsc.com
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