Svmuu News Bittensor ecosystem infrastructure startup General Tensor announced the completion of a total of $5 million in oversubscribed seed and pre-seed funding rounds. The seed round was led by Goldman Sachs-backed venture capital firm Good Morning Holdings; the pre-seed round in December 2024 was led by Lvna Capital, with participation from DCG, X Ventures, Proof of Talk, and Outliers Fund.
Founded in early 2024 and originally named General TAO Ventures, General Tensor focuses on developing and operating mining, validation, and subnet infrastructure for the decentralized AI network Bittensor. The company, referred to as a "TAO generation tool," claims its cost efficiency for acquiring TAO tokens is approximately 40 times higher than direct purchases. Its current business also encompasses consumer DeFi application development and subnet incubation. (The Block)