Network3 provides AI infrastructure to support large-scale model inference, training, and validation for developers. The project already runs over 200,000 nodes across 181 countries and regions. It completed a $5.5M financing to expand its team, improve its technology stack, and accelerate its token generation event (TGE) within the IoTeX ecosystem. Investors in the round include IoTeX, Borderless, EV3 and others. Network3 is positioned to integrate with IoTeX's upgraded 2.0 strategy, which emphasizes a modular open platform for AI and DePIN and offers ecosystem support via funds, accelerators, and incentive programs. The funding is intended to help the project scale infrastructure and speed its deployment inside the IoTeX ecosystem.

Total raised

$6M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2024