FLock.io Raises USD $6M in Seed Funding

FLock.io

FLock.io, a London, UK-based decentralised AI training and finetuning platform, raised USD $6m in seed funding.

The round was led by Lightspeed Faction and Tagus Capital with participation from DCG, Volt Capital, OKX Ventures, and Inception Capital, among others.

The company intends to use the funds to roll out its upgraded testnet and federated learning client.

FLock.io aims to democratise the training and fine-tuning of models, directing control away from centralised corporations and into the hands of the public. Its end-to-end AI co-creation stack integrates decentralised federated learning on-chain and halt user data collection, preserve privacy, and encourage widespread governance participation.

FinSMEs

28/03/2024