# Pond Global

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

- Industry: Financial Services
- Headquarters: New York, US
- Website: www.cryptopond.xyz/
- Total disclosed funding: $7.5M
- Latest round: Seed (Nov 8, 2024)
- Investors on record: 6

## About

Based in New York, US, and founded in 2023 by co-founders Dylan Zhang (CEO) and Bill Shi (CTO), Pond operates as a provider of a decentralized AI model platform that offers AI-driven solutions for crypto use cases to blockchain developers and crypto enterprises. In November 2024, Pond raised USD 7.5 million in seed funding led by Archetype, with participation from Paka Fund, Cyber Fund, Delphi Ventures, Coinbase Ventures, and NEAR Foundation.

Pond operates as a decentralized AI model layer for the cryptocurrency sector. It provides a repository and inference network of community-published machine learning models to support collaboration in crypto-related AI applications. The platform includes a feature for competitions where machine learning practitioners can engage with current techniques and technologies in cryptocurrency. The primary users are developers, data scientists, and companies in the blockchain and cryptocurrency industries, primarily in North America, Europe, and Asia.

Pond generates revenue through a structured model that includes subscription-based access to its AI model repository and participation fees from competitions hosted on the platform. Clients, which primarily consist of businesses and individual developers in the crypto space, engage in transactions by subscribing to various pricing tiers that grant them access to advanced features and tools.

The focus will be on developing new AI tools aimed at simplifying machine learning integration for crypto developers, with planned launches in the next 12 months. Additionally, Pond is targeting expansion into Asian and European markets by 2025, seeking to establish a stronger presence in regions that are increasingly integrating AI with cryptocurrency technologies.

## Funding rounds

- Seed, Nov 8, 2024, $7.5M — Delphi Ventures, Coinbase Ventures, NEAR Inc., Archetype, Paka Fund, Cyber Fund

## Investors

- Delphi Ventures (https://capitalatlas.ai/funds/delphi-ventures) — Seed
- Coinbase Ventures (https://capitalatlas.ai/funds/coinbase-ventures) — Seed
- NEAR Inc. — Seed
- Archetype — Seed
- Paka Fund (https://capitalatlas.ai/funds/paka-fund) — Seed
- Cyber Fund (https://capitalatlas.ai/funds/cyber-fund) — Seed