Inference Labs, based in Hamilton, ON, raised $2.3M in Pre-Seed funding to merge AI with Web3 technologies.

Leading the round were Digital Asset Capital Management, Delphi Ventures, and Mechanism Capital, alongside investors like Big Brain Holdings and BitScale Capital.

The funds will facilitate the development of an efficient AI verification network with Proof of Inference, team growth, and rapid product development.

Co-Founded by Colin Gagich and Ronald Chan, the company introduced Omron.ai, a Bittensor subnet focusing on Liquid Staking Tokens (LST) and Liquid Restaking Tokens (LRT).

Omron aims to streamline automated liquid restaking strategies on platforms like Renzo, leveraging smart contracts and validator nodes.