DePIN Grass raises $10M from Polychain, Tribe Capital
The post DePIN Grass raises $10M from Polychain, Tribe Capital appeared on BitcoinEthereumNews.com.
Grass, the Solana DePIN project, is raising $10 million in a bridge raise, Blockworks has exclusively learned. The project previously raised both a seed and a Series A round. The decentralized AI project which allows folks to sell access to idle internet bandwidth — essentially giving you more power to hand over your data rather than having a large company scrape it for profit. Polychain and Tribe Capital participated in the bridge round, which is primarily a token purchase, Grass’s Andrej Radonjic told Blockworks. “Grass is a piece of technology that allows companies to access data at an unprecedented scale,” Radonjic said when asked why Grass was interested in a token purchase. “The possibilities are kind of endless in terms of the directions that you’re able to go. And there are multiple things that we think are vital to build on top of this, namely live context retrieval.” He further explained that, at this moment, the way AI companies are training their models is to scrape search engines such as Google. However, they can’t deploy internet-scale web crawls because they’re being blocked, but Grass offers a solution. Grass wasn’t necessarily actively looking to raise at the moment, Radonjic said, but it happened at the right time for the team. “I was mentioning that commercially, things are going really well, and…we’re seeing amazing growth in terms of selling training data to AI companies that are looking to train things like video models and text to speech models,” he said. “But I had mentioned that one of the things that we’re looking forward to over the next year to two years…[is actually] having Grass become infrastructure for not just training data, but also inference data.” There’ll be a shift from compute cycles on training to inference, and the Grass team wants to…
Filed under: News - @ October 7, 2025 4:28 pm