Latest round

Series A

Last raised

Mar 2025

Total raised

$50M

Investors

12

About Ritual

Founded by co-founders Niraj Pant and Akilesh Potti, Ritual offers an AI coprocessor solution that enables seamless AI integration. The company's AI VM, an open and sovereign execution layer for AI, allows developers to fine-tune, monetize, and perform inference on models using cryptographic schemes across various blockchain networks. Ritual's flagship component, the GMP layer, facilitates seamless interoperability between existing blockchains and the Ritual Superchain, effectively serving as an AI coprocessor for diverse blockchain ecosystems. The company's AI Virtual Machine (VM) not only hosts SPCs but also provides essential infrastructure for optimised execution, including inference engine binaries and vector databases. The company superchain comprises specialised stateful precompiles (SPCs) tailored for diverse classes of arbitrary computation, with a focus on AI models spanning from classical to foundational models. In addition, the firm also offers Infernet, the inaugural implementation of its protocol and methodologies. Infernet empowers smart contracts to solicit computation outputs and proofs utilising designated models and features.

Who invested in Ritual

12 investors across 2 rounds

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Funding rounds

  1. Series A

    Mar 27, 2025

    Amount

    $25M

    Investors

    Locked

  2. Seed

    Nov 8, 2023

    Amount

    $25M

    Investors

    Locked

Questions about Ritual

Who invested in Ritual?

Ritual has 12 investors on record across 2 venture rounds. Sign up free to see every VC on the cap table and the rounds they joined.

How much funding has Ritual raised?

Ritual has raised 2 venture rounds. Sign up free to see how much each round raised and the total.

When did Ritual last raise money?

Ritual's most recent round on record is a Series A, in Mar 2025.

What does Ritual do?

Founded by co-founders Niraj Pant and Akilesh Potti, Ritual offers an AI coprocessor solution that enables seamless AI integration.

Which VCs invest in companies like Ritual?

Among active investors with capital left to deploy, Andreessen Horowitz, Founders Fund, Accel and Thrive Capital back software companies at Ritual's stage. Their profiles are linked below.

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