CrunchDAO Secures $3.5 Million in Seed Funding on August 15, 2024

According to media reports, CrunchDAO raised $5 million in a Strategic funding round on October 7, 2025. Investors in this round include Galaxy Ventures, Road Capital, Multicoin Capital, and VanEck. Following this round, CrunchDAO’s total funding has reached $8.5 million.CrunchDAO is an AI research community composed of data scientists, providing AI researchers with opportunities to participate in distributed machine learning competitions. Community members can earn regular rewards and also compete for CRNCH tokens, which grant holders governance rights and additional privileges within CrunchDAO. Notably, CrunchDAO completed a $3.5 million seed round in August 2024. The completion of this strategic round further demonstrates market recognition of the AI research community model.With the rapid advancement of artificial intelligence technology, distributed AI research communities are receiving increasing attention. Through its competition-based incentive mechanism, CrunchDAO engages data scientists worldwide, fostering innovation and development in AI technology while offering substantial incentives to participants. This strategic investment from leading institutions will help CrunchDAO further expand its ecosystem, attract more outstanding researchers, and advance the development of decentralized AI research.