Bio Protocol Secures $6.9M Seed Funding to Power Decentralized AI for Science
Decentralized science (DeSci) pioneer Bio Protocol has successfully closed a significant $6.9 million seed funding round. This substantial investment was spearheaded by Arthur Hayes’ renowned Maelstrom Fund, signaling strong confidence in Bio Protocol’s vision to revolutionize scientific research. The round also saw participation from a diverse group of prominent venture firms, including Mechanism Capital, Animoca Brands, Zee Prime Capital, Panga Capital, Mirana Ventures, Foresight Ventures, and Big Brain Holdings, alongside others, with earlier support from YZi Labs.
Advancing Research with Bio V2 and Decentralized AI Agents
The fresh capital is earmarked to drive the expansion of Bio V2, Bio Protocol’s recently launched upgraded platform. This next-generation system is specifically engineered to foster an onchain “scientific superintelligence,” pushing the boundaries of collaborative and accelerated research. Bio V2 introduces critical new functionalities such as Ignition Sales, a mechanism for project funding and distribution; staking opportunities, allowing participants to contribute to the network’s security and earn rewards; and the BioXP rewards programme, designed to incentivize active engagement within the ecosystem. At its core, Bio Protocol empowers scientists to create “BioAgents” – decentralized AI agents. These innovative agents are instrumental in accelerating complex research endeavors and streamlining the process of attracting vital funding. By leveraging blockchain technology and artificial intelligence, Bio Protocol is building an infrastructure where scientific discovery can thrive in a more transparent, efficient, and globally accessible manner, addressing some of the long-standing challenges in traditional research ecosystems.
This successful seed round underscores the growing interest and investment in the DeSci space. Bio Protocol’s innovative approach, combining decentralized AI with a robust platform upgrade, positions it at the forefront of transforming scientific exploration. With the backing of major funds and a clear roadmap for Bio V2, Bio Protocol is well-equipped to accelerate its mission of creating a more intelligent and interconnected future for global scientific collaboration and discovery.
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