Mind Network
Sector
Round Size ($USD)
$3,500,000.00
Post Valuation
$70,000,000.00
Stage
Existing Commitment
Deal Type
Deal Stage
Deal Status
Ecosystem
Founder Name
Deal Source
Min Investment
Discord Thread Link
Website
Investment Memo / Deck
AMA
Data room
Date Approached
Oct 16, 2023
Description
Mind Network is a decentralized zero trust data lake that secures all your data, smart contracts and AI on Web3.
TGE date
Twitter
Description
Mind Network is a decentralized zero-trust data lake that secures all your data, smart contracts, and AI on Web3. It is built on a home-brewed zero-trust framework to ensure data security and privacy in ZKML, RWA, DePIN, and other data-intensive areas.
Tech Stack
- Mind DaaS SDK → dApp Layer
- MindLake → Data Layer (data privacy)
- MindSAP → Execution Layer (transaction privacy)
- MindEVM → Asset Layer (asset privacy)
- L0/L1/L2 chains → Infrastructure Layer
Mind.X → Zero Trust AI Solution
- Privacy & Ownership - privacy protection for interactions with AI
- Short/Long Term Memory - empower communication with memory
- Prompt Marketplace - create, share, and exchange prompts
- Connect Private Data to AI - embed and store private data
Business Model
Traction
- Mind Networkʻs recently launched testnet acquired 13k developers within 2 weeks.
Go-to-Market
Founders
Mind Network is founded by a group of Ethereum Fellow, Cambridge researcher, and white hat hackers.
- Dr. Mason Song - Ethereum Fellow, co-writing
- Prof. George Shao - cryptography
- Christian Pusateri - bd
- Dennis Song - white hat hacker
- Dr. Ashely - cryptography
- Faye - growth hacker
Deal
Investors:
- Seed - Binance Labs, Chainlink, Comma3, SevenX Ventures, Big Brain Holdings, Arweave SCP, Hashkey Capital
Deck
Tech Intro
Commitment
Mind Network received its seed round fundraising in December 2022, led by Binance Labs, and participated by HashKey Capital, Big Brain, SevenX Ventures, and other notable investors. Mind Network was incubated by Binance Incubation Camp Season 5 and selected into Chainlink BUILD Program.
Feedback
Investment Memo