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0G Labs Completes $40 million Seed Round and Secures $250 million Token Purchase Commitment

Crypto artificial intelligence startup Zero Gravity Labs (0G Labs or 0GL) has announced a new funding round of $290 million. This includes a $40 million seed round raised by the lab and a $250 million token purchase commitment received by the 0G Foundation, the independent governing body of the 0G protocol. This round of financing was funded by Hack VC, Delphi Digital, OKX Ventures, Samsung Next, Bankless Ventures, Animoca Brands and its co-founder Yat Siu, Polygon and its co-founder Sandeep Nailwal, Stanford Blockchain Fund, Abstract VC, Alchemy, Blockdaemon, Foresight Ventures, and others.