On April 1st, the decentralized AI infrastructure platform NetMind.AI announced the completion of a $700,000 strategic funding round, jointly invested by UOB Venture Management and Signum Capital. The new funds will be used to expand its DeFAI (Decentralized Financial Artificial Intelligence) and Web3 solutions, and to promote the application of its AI Agent society.

Headquartered in London and founded by Kai Zou, NetMind.AI is dedicated to building general artificial intelligence (AGI) infrastructure. Its platform integrates global idle GPU resources, providing developers with a decentralized environment for inference, training, and AI agent operation. Previously, NetMind.AI launched NetMind XYZ, allowing users to design, deploy, and trade AI agents with their own tokens, which are linked to the platform's token $NMT and managed through smart contracts.

The addition of UOB and Signum will accelerate NetMind.AI's expansion in the US, European, and Asian markets, and promote its development in Web3 community building and market marketing.