PIN AI closed $10M Pre-Seed round

PIN AI has secured $10 million in a Pre-Seed funding round. The round was co-led by Andreessen Horowitz (a16z CSX) and Hack VC. Participating investors included Anagram Ventures LP, Symbolic Capital Partners LP, DCbuilder Inc., Foresight Ventures Ltd., Blockchain Builders Fund LP, Alumni Ventures Group, Illia Polosukhin, Lily Liu, Nomad Capital, Tim Shi, Ben Fisch, Scott Moore, and Dispersion Capital.

PIN AI is developing a decentralized, on-device artificial intelligence platform that prioritizes user privacy and data sovereignty. The company's Personal Intelligence Network allows users to manage their personal data securely across various applications by hosting AI models directly on their devices. This approach aims to give users full ownership of their information and enable developers to create custom AI agents that can interact with user data securely. PIN AI intends to use the funds to expand research, grow its team, and accelerate the deployment of its open-source Personal Intelligence Network.