Wombo is a Toronto-based company focused on consumer-facing AI applications across a suite of mobile and web products. Led by CEO Ben-Zion Benkhin, the company has amassed over 200 million downloads across its applications. Wombo plans to use the new funding to expand its team and accelerate product development. The company intends to explore new frontiers in AI-powered content creation and to support R&D on w.ai, a project to create a large AI supercomputer. The w.ai project aims to transform idle devices such as MacBooks, smartphones, or PlayStation devices into distributed AI workers, allowing users to contribute computing power and earn rewards. Wombo raised $9M to support these initiatives.

Total raised

$9M

Funding rounds

1

Latest round

Equity

Latest activity

Sep 2024