TLDR: Endless Web3 Genesis Cloud has successfully closed a $110 million funding round, achieving a $1 billion project valuation. The capital, backed by investors including Foresight Ventures, will accelerate the development of its componentized platform and AI Agent toolchain. Endless aims to be a “super connector” facilitating the transition from Web2 to Web3 and integrating AI with blockchain technologies, enabling simpler and faster development of Crypto AI applications.
Endless Web3 Genesis Cloud, a pioneering distributed intelligent component protocol, has announced the successful completion of a $110 million funding round, propelling its project valuation to an impressive $1 billion. This significant capital injection, supported by prominent investors such as Foresight Ventures and other key players from the Web3, Internet, and finance sectors, is earmarked to accelerate the development of Endless’s innovative componentized development platform, its AI Agent toolchain, and broader ecosystem growth.
The company’s core mission is to establish itself as a “super connector,” bridging the gap between Web2 and Web3 while seamlessly integrating artificial intelligence with Web3 technologies. Endless is dedicated to dismantling the barriers that hinder Web2 applications from transitioning to Web3, offering developers a comprehensive, one-stop platform for Web3 application development that promises a user experience akin to Web2.
At the heart of Endless’s technological framework is a public chain built on the Move language, which incorporates diverse AI capabilities and plugins. This robust infrastructure is designed to simplify and expedite the creation of Crypto AI applications in a componentized manner, thereby fostering the emergence of an AI Agentic Super Intelligent System.
The investors in Endless are poised to contribute beyond just capital, actively participating in the company’s governance, strategic planning, and ecosystem development. Their collective expertise is expected to provide substantial support for the mass adoption of Web3 and the realization of an AI agentic intelligent ecosystem.
Also Read:
- Cogni AI Unveils Autonomous AI Agents to Revolutionize Web3 Automation
- OpenMind Secures $20 Million Investment to Advance Decentralized AI Robotics
The founding team of Endless brings extensive experience in both AI and Web3 domains. Notably, Co-President Xiong Yu holds the position of Associate Vice-President at the University of Surrey, where he also leads the Academy for Blockchain and Metaverse Applications, underscoring the academic and practical depth behind the venture.
