Allora Labs, contributor to the Allora Network, closes new strategic funding round

Allora Labs, a contributor to the Allora Network, recently closed a round of strategic funding, bringing its total company funding to $35 million. The funding round was designed to bring in additional strategic partners that will play a key role in developing the network and advancing Allora's mission to create a decentralized collective intelligence network. Investors in Allora Labs to date include Polychain, Framework Ventures, CoinFund, Blockchain Capital, Archetype, Slow Ventures, Mechanism Capital, Delphi Digital, and more! . The Allora Network is a decentralized, self-improving machine intelligence network that powers applications with an evolving system of machine learning models. Leveraging innovative crowdsourcing mechanisms (e.g. peer prediction), reinforcement learning, and regret minimization, Allora is creating a new realm of possibilities at the AI x crypto intersection.