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High Tech Seed Founded 2023

GenLayer

GenLayer is an AI-powered blockchain platform that introduces intelligent smart contracts, enabling decentralized applications to leverage artificial intelligence capabilities within on-chain execution. The platform connects AI-powered smart contracts that allow for decentralized applications with intelligent decision-making capabilities, transforming the way smart contracts operate by incorporating AI-driven logic…

📍 Barcelona, Spain · Blockchain Infrastructure,

Funding snapshot

Last roundSeed
Amount$8M
Date20 August 2024
Total raised$8M
Team size4

About

GenLayer is an AI-powered blockchain platform that introduces intelligent smart contracts, enabling decentralized applications to leverage artificial intelligence capabilities within on-chain execution. The platform connects AI-powered smart contracts that allow for decentralized applications with intelligent decision-making capabilities, transforming the way smart contracts operate by incorporating AI-driven logic rather than purely deterministic code. GenLayer's blockchain infrastructure is designed to power decentralized applications that require subjective evaluation, natural language processing, and external data interpretation, capabilities that traditional smart contracts cannot provide. The platform enables developers to build decentralized AI applications where smart contracts can reason about real-world data, make subjective judgments, and execute based on AI-processed inputs. This approach bridges the gap between blockchain's deterministic execution model and AI's probabilistic reasoning, creating new possibilities for decentralized applications in areas such as dispute resolution, content moderation, prediction markets, and automated decision systems. Founded in 2023 and headquartered in Barcelona, Spain, the company has raised $7.5M in seed funding from investors including North Island Ventures, Node Capital, Arrington Capital, Zero Knowledge, WAGMI Ventures, BlockBuilders, Maelstrom, DCF Capital Partners, Cogitent, Samara, Sigma Capital Holding, Magnus Capital, MH Ventures, and Tykhe Ventures.

Business model

Smart Contracts > Blockchain Platforms,

Blockchain Infrastructure > Blockchain Network > Decentralized AI

Founders & team highlights

Serial Founder

Team background

College Wise > University of Edinburgh

Institutional investors

North Island Ventures Node Capital Arrington Capital Zero Knowledge WAGMI Ventures BlockBuilders Maelstrom DCF Capital Partners Cogitent Samara Sigma Capital Holding Magnus Capital MH Ventures Tykhe Ventures

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