Singapore-based Gradient Network has announced the closure of a $10 million Seed funding round, aimed at building a decentralized AI infrastructure.
The round was led by Pantera Capital and Multicoin Capital, along with HSG (formerly Sequoia Capital China).
The funds will support the development of two foundational protocols:
- Lattica
- Parallax
These will enable AI models to operate on a distributed network of devices, eliminating reliance on centralized data centers.
Co-founder Eric Yang stated:
“We believe intelligence should be a public good, not corporate-owned. This round gives us the momentum to build infrastructure with decentralization at the core of AI.”
Gradient’s vision challenges the growing concerns over data privacy and centralized computing power in the AI space. The company seeks to leverage idle computational capacity in smartphones, laptops, and other devices to create a global supercomputer powered by the crowd.
Lattica, described as a peer-to-peer data transmission protocol, works similarly to Bitcoin and Torrent technologies, enabling devices to communicate without centralized servers.
The company highlighted that its Sentry Nodes have already facilitated over 1.6 billion connections across 190+ regions worldwide, and will now become a core part of the Lattica framework after operating one of the largest decentralized connectivity tests globally.