Poseidon Secures $15M in Seed Funding to Fuel Growth

Summary:

1. Poseidon, a San Francisco-based decentralized data layer for AI training workflows, raised $15m in seed funding led by a16z crypto.
2. The company plans to use the funds to enhance its infrastructure stack and offer early access to AI developers and data contributors.
3. Poseidon integrates Story’s on-chain IP protocol to facilitate data exchange between contributors and AI builders, addressing licensing risk, data scarcity, and IP safety challenges.

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   Unique, Detailed Article:

   Poseidon Secures $15m in Seed Funding to Enhance AI Training Infrastructure

   In a recent development, Poseidon, a full-stack decentralized data layer based in San Francisco, has successfully raised $15 million in seed funding. The funding round was spearheaded by a16z crypto, signaling a strong validation of Poseidon’s innovative approach to AI training workflows.

   With the newly acquired capital, Poseidon aims to accelerate the deployment of its infrastructure stack, which includes essential components such as contributor modules, SDKs, and integrated licensing tools. This strategic move will pave the way for early access to be granted to AI developers and data contributors starting this summer, allowing them to leverage Poseidon’s cutting-edge technology.

   At the core of Poseidon’s solution is the integration of Story’s on-chain IP protocol, a groundbreaking development that enables programmable ownership, licensing, and attribution for creative and AI assets. By leveraging Story’s infrastructure at the protocol level, Poseidon is effectively addressing a critical issue in the AI industry: the accessibility of high-quality, legally licensed training data.

   Through this integration, Poseidon facilitates traceable, enforceable, and monetizable data exchange between contributors and AI builders. All data collected is done with explicit consent, registered for traceability, and licensed for commercial use, thereby mitigating licensing risks, overcoming data scarcity challenges, and ensuring IP safety for AI developers.

   Meet the Founding Team Behind Poseidon

   • Sandeep Chinchali, Chief AI Officer at Story and Chief Scientist of Poseidon
   • Seung Yoon “S.Y.” Lee, CEO and Co-founder of Story and President of Poseidon
   • Sarick Shah, a seasoned machine learning engineer with a decade of experience in scaling AI products across finance, telecom, and healthcare

   Overall, Poseidon’s successful funding round and strategic focus on enhancing AI training workflows through decentralized data layers position the company as a key player in addressing critical challenges faced by AI developers. With a strong foundation and a talented founding team, Poseidon is poised to make significant strides in the AI industry.

   Source: Poseidon

   Published: 22/07/2025

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