PANews reported on December 11 that according to The Block, crypto AI startup Exabits has completed a $15 million seed round of financing with a valuation of $150 million. Hack VC led the investment, and several other investors also participated, but the specific names were not disclosed. Exabits co-founder Hoansoo Lee said that Exabits started financing in July this year and completed this round of financing in October. He declined to comment on the structure of this round of financing, but said that tokens will be launched in the future. This seed round of financing brings Exabits' total financing to $20 million.
According to reports, Exabits is a crypto AI startup focused on GPU tokenization. The company previously completed an undisclosed round of Pre-Seed financing, followed by another undisclosed round of strategic financing led by Portal Ventures. The total amount of these two rounds of financing was approximately US$5 million.
