AI-Crypto Startup Raises $85 Million in Deal Led by Thiel’s Fund

Sentient Labs seed round also features Pantera, Framework
Startup plans to use crypto technology to “disrupt” AI

Singapore-based Sentient Labs is building an open-source platform through which developers can get paid for their contributions.Photographer: Lauryn Ishak/Bloomberg

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By Ryan Weeks

July 2, 2024 at 1:00 PM UTC

This article is for subscribers only.

Sentient Labs, a months-old artificial intelligence startup co-founded by an executive behind the Polygon blockchain, raised $85 million from investors including billionaire Peter Thiel’s Founders Fund.

Crypto venture capital funds Pantera Capital and Framework Ventures co-led the seed funding round alongside Founders Fund, according to a statement from Sentient Labs. The company didn’t disclose a valuation.