NetMind.AI has secured a $700,000 strategic funding round, with investment from UOB Venture and Signum Capital.

BlockBeats News, April 1st, Yesterday, decentralized AI infrastructure platform NetMind.AI announced the completion of a $700,000 strategic financing round, led by UOB Venture Management and Signum Capital. The new funds will be used to expand its DeFAI (Decentralized Finance Artificial Intelligence) and Web3 solutions, and drive the application landing of its AI Agent community.

Headquartered in London, NetMind.AI was founded by Kai Zou and is dedicated to building General Artificial Intelligence (AGI) infrastructure. Its platform integrates global idle GPU resources to provide developers with a decentralized environment for inference, training, and AI agent operation. Previously, NetMind.AI launched NetMind XYZ, allowing users to design, deploy, and trade AI agents with their own tokens linked to the platform's native token $NMT, managed through smart contracts.

The participation of UOB and Signum will accelerate NetMind.AI's expansion in the US, Europe, and Asia markets, and drive its development in Web3 community building and marketing.