a year ago

Assisterr Raises $1.7M to Build Community-Owned AI

  • Assisterr, a London-based AI startup founded by Ukrainians Nik Havryliak and Dmytro Dimenko, has secured $1.7 million in a pre-seed funding round

  • The company is using the Solana blockchain to develop small language models (SLMs) that allow communities to collaboratively manage, aggregate, and monetize their data

  • Assisterr has gained 150,000 registered users and launched over 60 SLMs for various Web3 protocols

  • The company recently joined the Google AI Startup program and secured a $350,000 grant

  • The fresh funding will help Assisterr advance its protocol development, forge strategic partnerships, and foster ecosystem growth.

      • ProblemTechnology

      "Big tech companies control most of the AI, making it difficult for individuals and communities to access and use AI for their own purposes."

      Solution

      "Assisterr is building a platform that uses blockchain technology to create small language models (SLMs) that are owned and controlled by the communities that use them. This allows individuals and communities to develop and use AI that is tailored to their specific needs."

      Covered on