Sahara, a decentralized AI network, has raised $6 million in seed funding led by Polychain Capital to transform knowledge sharing and monetization using AI and blockchain technologies.
What is Sahara About?
Sahara aims to revolutionize the way knowledge is owned, shared, and monetized globally through its decentralized AI network. By leveraging AI and blockchain technologies, Sahara provides a trustless, permissionless, and privacy-centric environment for individuals and businesses to explore monetization and automation opportunities for their knowledge capital.
Meet the Founders and Team
Co-founded in May 2023 by Professor Sean Ren and Tyler Zhou, Sahara boasts a team of experts from the AI and web3 industries. Professor Sean Ren, the Co-Founder and CEO, brings significant contributions to AI research and innovation, while Tyler Zhou, the Co-Founder and COO, contributes extensive experience in the blockchain industry.
Backers and Investors
The $6 million seed funding round was led by Polychain Capital, with participation from notable investors such as Samsung Next, Matrix Partners, and others. Angel investor Sandeep Nailwal also contributed to the round, demonstrating strong support from both the blockchain and traditional venture capital communities.
Plans for the Investment
The newly acquired funds will be utilized to expand Sahara’s team and enhance its portfolio of AI and blockchain-enabled products. Sahara plans to develop new products such as Sahara Vault, Sahara ID, and Sahara Network, allowing individuals and businesses to navigate freely within the Sahara ecosystem.
Benefits for the Industry
Sahara’s innovative approach to knowledge sharing and monetization has the potential to unlock unparalleled opportunities for individuals and businesses alike. By integrating blockchain technology with AI, Sahara enhances privacy, security, and traceability, setting a new standard in the way we own, share, and monetize knowledge in the digital age.
Conclusion
As Sahara continues to develop its groundbreaking technology, the successful seed funding round marks a significant milestone in the company’s mission to democratize global knowledge capital access. Through its decentralized AI network, Sahara is advancing human-AI collaboration, respecting user sovereignty, and promoting a sustainable digital economy.
For more news and updates on innovative developments in AI, blockchain, and beyond, subscribe to our newsletter today!
FAQs
Q1. What is Sahara’s Sahara Knowledge Agent (KA)?
Sahara KA is an AI that goes beyond conversational capabilities, autonomously analyzing both external and internal proprietary data to offer reliable, personalized decision-making.
Q2. How does Sahara benefit from blockchain technology?
Sahara leverages blockchain technology to enhance privacy, security, and traceability in knowledge sharing and monetization. Blockchain ensures the trustless, permissionless, and privacy-centric environment of Sahara’s decentralized AI network.
