# Eidon AI

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/eidon-ai

- Industry: Software
- Headquarters: Austin, US
- Website: www.eidon.ai
- Total disclosed funding: $3.5M
- Latest round: Seed (Nov 12, 2024)
- Investors on record: 2

## About

Based in Texas, US, and founded in 2024 by co-founder Sam Padilla, Eidon AI operates as a web3 artificial intelligence company that focuses on the development of the Eidon Network, which facilitates data collection through AI-driven tasks known as Quests. In November 2024, Eidon AI raised USD 3.5 million in seed funding led by Framework Ventures, with participation from Cyber Fund.

Eidon AI specializes in the development of the Eidon Network, a platform designed to gather and utilize real-world data through AI-driven tasks known as Quests. These quests enable users to contribute data that informs the training of next-generation AI models, effectively allowing them to shape the future of AI according to their insights and environmental contexts. The core functionality of the Eidon Network lies in its MemAgent systems, which facilitate the creation, definition, and evaluation of these Quests. Eidon targets diverse use cases that demand real-world, multimodal data, such as accentuated speech-to-text and bespoke task completions, catering to a range of industries including technology, academia, and AI research. The firm’s customers include businesses and individuals seeking datasets for specific AI and machine learning applications, with the platform operating globally to meet these demands.

Eidon AI generates revenue through a combination of data collection requests made by companies and individuals for specific AI and machine learning projects. Clients engage with the Eidon Network by selecting quests tailored to their data needs, which may involve subscription models or direct transactions for completed tasks.

The company plans to use its proceeds from November 2024 funding to support its decentralized AI network and expand its team.

## Funding rounds

- Seed, Nov 12, 2024, $3.5M — Framework Ventures, Cyber Fund

## Investors

- Framework Ventures (https://capitalatlas.ai/funds/framework-ventures) — Seed
- Cyber Fund (https://capitalatlas.ai/funds/cyber-fund) — Seed