The decentralized AI project GaiaNet has completed a $10 million seed round financing, with participation from EVM Capital and others.

according to The Block, the decentralized AI project GaiaNet has completed a $10 million seed round financing, with participation from EVM Capital, Mirana Ventures, Mantle EcoFund, Lex Sokolin of Generative Ventures, and Brian Johnson of Republic Capital.

According to a statement released on Tuesday, the newly raised funds will be used to develop educational tools for STEM students and support its work on decentralizing AI networks using distributed ledger technology.