We’re excited to announce that Crunch Lab, the core contributor to CrunchDAO, has raised $5M in a strategic round of funding, co-led by Galaxy Ventures and Road Capital with participation from Van Eck, Road Capital, Multicoin Capital
Crunch Lab is building a decentralized protocol to connect 10,000+ ML engineers and 1,200+ PhDs globally, allowing them to deliver enterprise-grade machine learning models through competitive challenges we call “Crunches.”
Traditional AI hiring models gatekeep top talent behind $100M+ checks. But Crunch’s crowdsourced approach gives any company secure access to global expertise.
This funding round brings Crunch Lab’s total to $10M and will accelerate growth into new industries as we continue to power predictive modeling for financial institutions and DePIN projects.
As AI continues to reshape industries, we are confident that decentralized collective intelligence can outperform even the best internal teams. Now, we’ve built the platform to give companies access to that intelligence anywhere, anytime.
Thanks for your support and keep crunching!
Read the full news: Vaneck-Backed AI Raises $5M, After Harvard, MIT Cancer Breakthrough