The Web3 AI project Perle has just raised an additional 9 million USD in a seed funding round led by Framework Ventures, bringing the total Capital raised to 17.5 million USD. The goal of this project is to develop a product that rewards users for accurately reviewing and contributing data to AI systems.
With the new Capital, Perle will launch Perle Labs – a blockchain application product to process payments and record on-chain data ownership, aiming to improve AI model training. According to the project's website, the platform provides "curated" data with a manual review team.
CEO Ahmed Rashad (former Scale AI employee) stated that the success of AI depends on the ability to process rare, ambiguous, or context-specific data. Decentralizing this process will help increase global participation, reduce bias, and significantly improve model performance.
Framework Ventures co-founder Vance Spencer noted that AI progress will be driven by data quality rather than just scaling up models. Perle believes that instead of requiring LLMs to interpret complex situations beyond their training data, they need to be provided with better, more clearly structured data.
Perle aims to create a "self-service" platform for the entire AI development lifecycle — from collecting multi-media data (audio, images, text) to model fine-tuning. Previously, in October 2024, Perle raised 8.5 million USD in a pre-seed round led by CoinFund.
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The article Framework Ventures invests 9 million USD in Perle Web3 AI project first appeared on CoinMoi.
