G Labs debuts with an impressive pre-seed funding of $35 million to develop a customizable AI blockchain platform

As the crypto space heats back up, so has funding for new startups. 0G Labs, a web3 infrastructure firm,” has raised $35 million in a pre-seed round.

0G, sometimes called ZeroGravity, is creating a modular AI blockchain that aims to alleviate the pain points of on-chain AI applications in the web3 ecosystem, like speed and cost efficiency. Competitors include Celestia and EigenLayer, which are also focused on modularity.

Modularity allows developers to choose the components they will use to build a blockchain system or application. Like customizing orders in a restaurant, developers will be able to configure the components to best suit their needs.


When co-founders Heinrich, Ming Wu, Fan Long and Thomas Yao initially got together, they had conversations with other market players and found there was a “clear market signal that this aspect of data availability and data storage is really critical, not only to scale blockchain systems, but to make on-chain AI even a possibility,” Heinrich said. “There was infrastructure that’s missing, and we had a strong commitment to build that.”

“The investor community realized this was a key unlock for the space so we got a number of term sheets very quickly,” Heinrich said. “Once we chose our lead as Hack VC, the floodgates opened up and we got 20x oversubscribed. We had over $100 million in interest and partnered with the investors who we thought could help us the most.”

Investors from over 40 crypto-native institutions also joined in, including Alliance, Animoca Brands, Delphi Digital, Stanford Builders Fund, Symbolic Capital and OKX Ventures, to name a few. 0G declined to disclose its valuation.