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High Tech Seed Founded 2022

FLock

FLock is a provider of a decentralized AI training and model-sharing platform based on blockchain technology. The platform facilitates collaborative, decentralized AI model training while prioritizing data privacy and user data sovereignty. It enables local data training, foundation model finetuning, and community-owned reward sharing, streamlining the AI development process from data preparation to model…

📍 London, United Kingdom · AI Infrastructure,

Funding snapshot

Last roundSeed
Amount$3M
Date19 December 2024
Total raised$11M
Team size24

About

FLock is a provider of a decentralized AI training and model-sharing platform based on blockchain technology. The platform facilitates collaborative, decentralized AI model training while prioritizing data privacy and user data sovereignty. It enables local data training, foundation model finetuning, and community-owned reward sharing, streamlining the AI development process from data preparation to model deployment. By leveraging federated learning approaches, FLock allows organizations to train AI models on sensitive data without centralizing it, addressing privacy concerns in AI development. Founded in 2022 and headquartered in London, United Kingdom, FLock has raised approximately 11 million at the Seed stage with investors including OKX, Hyperithm, Faction VC, Digital Currency Group, Volt Capital, Fenbushi Capital, Animoca Brands, Gnosis, and Inception Capital Management.

Business model

AI Infrastructure > Enabling Technologies > Software > Training Data > Federated Learning

Institutional investors

OKX Hyperithm Faction VC Tagus Capital Digital Currency Group Volt Capital Fenbushi Capital Animoca Brands Gnosis OKCOIN JAPAN B1V a41 Inception Capital Management

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