Gradient Network Secures Funding from Top Venture Capital Firms

Gradient Network, a Solana-based edge computing open layer, has announced a new funding round led by prominent investors including Pantera Capital, Multicoin Capital, and Sequoia Capital. While the exact funding amount and valuation have not been disclosed, the new capital will be used to advance the development of the decentralized protocol and its solutions for transferring computing power and staking across blockchain networks.

Currently, Gradient Network enables fluid staking and seamless connectivity between Ethereum, Solana, and TAO networks. Its platform leverages edge computing to power a decentralized cloud, supporting content delivery, enabling serverless functions, and offering accessible and affordable AI-driven solutions for AI inference.