Singapore Headquartered with an operation in the UAE AI startup Sentient Labs, has raised $85 million in seed funding. The round was co-led by Peter Thiel’s Founders Fund, Pantera Capital and Framework Ventures.
Other investors included Arrington Capital, Canonical, Dao5, Delphi, Dispersion, Ethereal, Folius, Foresight, Hack VC, Hashkey, Hypersphere, IDG, Mirana, Nomad, Primitive Ventures, Protagonist, Republic, Robot Ventures, Sky9, Spartan, Symbolic Capital, Topology, and several more.
As per the a news piece on Bloomberg, Sentient Labs will use the capital to accelerate the development of open source AI platform.
The company was founded in 2024 by a team, including Polygon Labs co-founder and executive chairman Sandeep Nailwal along with academics Pramod Viswanath and Himanshu Tyagi. Its mission is to democratize AI development, ensuring that AI benefits humanity as a whole.
The system rewards engineers for tasks such as data labelling and refining, which are essential for training AI models. While testnet is slated to go live in two months, the startup focuses on the open, monetisable, and loyal (OML) model, rewarding community contributions and claims to be transparent, fair, and decentralized
“We’re not just another AI project,” stated co-founder Himanshu Tyagi. “We’re building an open world through blockchain to achieve transparency and fairness. When our AI is used, everyone who contributed will be rewarded through the blockchain protocol.”
