Olas raises $13.80 million, 1kx leads investment
Olas, an autonomous artificial intelligence agency in cryptocurrencies, has raised $13.80 million to support the launch of its "proxy app store" called Pearl, led by 1kx and joined by Tioga Capital, Sigil Fund, Zee Prime Capital, Borderless and Keyrock.
The team at Olas, also known as Autonolas, says the funding will be used to support its proxy app store, which aims to democratize user-owned artificial intelligence proxies. The app store will let users own and control their artificial intelligence proxies directly on-chain for a variety of use cases, such as autonomous social media accounts or DeFi transactions.