TechFlow news, November 20 — According to The Block, OpenLayer, a crypto AI startup co-founded by three former Robinhood employees, has raised $5 million in seed funding. Investors include institutional firms such as a16z CSX, Geometry, IOSG Ventures, Spartan Group, and LongHash Ventures, as well as angel investors from projects including EigenLayer and AltLayer.
OpenLayer, serving as an AVS on EigenLayer, has attracted over 48,000 stakers with more than $1 billion in staked value. The project enables users to contribute and verify data via a Chrome extension and earn points; developers can access user-authorized data for use cases such as AI model training. The company plans to launch a token in the future. The current team size is seven, with plans to hire two additional engineers.
