Grass Project Raises $3.5M!

Grass Project Raises $3.5M Seed Round to Revolutionize Web Data for AI

Wynd Network's Grass project has recently concluded an impressive $3.5 million seed funding round, spearheaded by notable backers Polychain Capital and Tribe Capital. This achievement elevates Wynd's total funding to $4.5 million, building upon a prior pre-seed round led by No Limit Holdings.
Launched in June, Grass represents a pioneering decentralized web scraping network with a primary objective: transforming public web data into invaluable AI datasets. Its core mission revolves around leveraging millions of home internet connections, mobilizing them to scrape and authenticate data from the vast expanse of the web. The aggregation of this bulk web data stands as a pivotal resource in not just AI model development but also in numerous other industry operations.
The founders emphasize that web scraping, when operating within a decentralized framework, yields substantial benefits. They highlight Grass as a decentralized oracle for AI, generating datasets with traceability to their source. This unique feature ensures equitable compensation for contributors to the network, addressing ethical concerns while streamlining efficiency.
"We've explored many ways to make public web data more accessible to open-source AI projects, and believe that decentralization is the only way to achieve this both ethically and efficiently," stated the founders, underscoring their commitment to ethical data accessibility.
The seed round saw additional funding from prominent investors such as Bitscale, Big Brain, Advisors Anonymous, Typhon V, Mozaik, among others. These investments are strategically earmarked to fortify Grass's technological infrastructure, amplifying its network of nodes, and fine-tuning the data authentication process.
With a vision to revolutionize the landscape of AI datasets, the funding injection will fuel Grass's developmental strides, propelling it toward heightened technological sophistication and wider-reaching data verification capabilities.
For those seeking further insights into Grass's transformative journey, detailed information can be accessed through Grass's Website or their active engagement on Twitter.
The culmination of this seed funding not only validates Grass's innovative approach but also marks a significant step toward redefining the future of AI data accessibility, firmly rooted in decentralization and ethical practices.

https://app.getgrass.io/register?referralCode=WgKKUGgQEnRvb1K