How much funding has PIP Labs raised?

PIP Labs has raised $134.3M in total funding, most recently a Series B round.

Who are PIP Labs's investors?

PIP Labs's investors include Andreessen Horowitz, Polychain Capital.

Where is PIP Labs headquartered?

PIP Labs is headquartered in San Francisco, California, United States.

What industry is PIP Labs in?

PIP Labs operates in Artificial Intelligence, Crypto & Web3.

PIP Labs

San Francisco, United States · Founded 2022 · $134.3M raised

Artificial Intelligence

Crypto & Web3

Headquarters: San Francisco, California
Employees: 11–50
Founded: 2022
Business Model: B2B

Website: piplabs.xyz
Total Funding: $134.3M
Last Round: $80.0M Series BAug 2024
Rounds: 3

About

PIP Labs is an R&D company contributing to DATA Network, the Layer 1 blockchain where real-world data is sourced, verified, and processed for AI training. The company was previously the core team behind Story Protocol, a blockchain infrastructure platform for programmable intellectual property licensing and tokenization. PIP Labs pivoted to focus on the challenge that high-quality, trustworthy training data remains scarce even as AI compute and model architectures become increasingly accessible. DATA Network enables data to be sourced, verified, and quality-assured at scale, unlocking a new supply of human-generated data for AI. Founded in 2022 and backed by Andreessen Horowitz (a16z) and Polychain Capital among others, PIP Labs raised $80 million in 2024 to develop the Story blockchain for intellectual property.

Summary

PIP Labs is an Artificial Intelligence company based in San Francisco, United States, founded in 2022. It has raised $134.3M in total across 3 rounds, most recently a $80.0M Series B round in Aug 2024. Investors include Andreessen Horowitz and Polychain Capital.