Assisterr, a Cambridge-based AI Infrastructure startup dedicated to revolutionising artificial intelligence through community ownership and a network of small language models, has successfully closed a £1.36 million pre-seed funding round. The investment round saw participation from prominent Web3 venture funds including Web3.com Ventures, Moonhill Capital, Contango, Outlier Ventures, Decasonic, Zephyrus Capital, Wise3 Ventures, Saxon GFI Ventures, X Ventures, Koyamaki, Lucid, Drakes Ventures, and notable angels including Michael Heinrich, co-founder & CEO at 0g.ai, Mark Rydon, co-founder & CEO at Aethir, Nader Dabit, Director of Developer Relations at Eigen Labs, Anthony Lesoismier-Geniaux, co-founder at SwissBorg, Ethan Francis, Head of Developer Relationships at Particle Network, and more committed to advancing decentralised AI solutions. The company aims to empower developers to build their own AI use cases using Assisterr's infrastructure.
Assisterr is revolutionising the AI landscape with its innovative approach to Small Language Models. Leveraging the Solana blockchain, Assisterr empowers communities to collaborate, aggregate, and monetise their data and expertise in specialised subjects. Small Language Models (SLMs) are tailored AI models optimised for efficient performance on edge devices, focusing on specific domain tasks.
Since its launch, Assisterr has achieved major milestones, including attracting 150,000 registered users to its platform. Assisterr has also successfully launched more than 60 Small Language Models (SLMs), curated for leading Web3 protocols such as Solana, Optimism, 0g.ai, and NEAR. Additionally, the company has garnered recognition by winning multiple global hackathons, including the recent AI x Crypto event hosted by BeWater, OKX, and Binance Labs. Furthermore, Assisterr has been selected to participate in Google's AI Startups program, securing £280,000 in funding that supports its GPU, CPU, and cloud infrastructure needs.
