Kandola Network logo — Revolutionizing AI with blockchain-based Federated Learning...

Kandola Network

Revolutionizing AI with blockchain-based Federated Learning and RAG. Secure AI training on private data.

Founded 2021 6 employees Pre-Seed Total: $450.00K Cloud Infrastructure, Crypto +2

General Information

Company Name Kandola Network
Founded Year 2021
Employees 6
Industries Cloud Infrastructure, Crypto, Data Analytics +1
Funding Stage Pre-Seed
Social

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About Kandola Network

Kandola Network is a pioneering Decentralised Database-as-a-Service platform addressing the challenges faced by Web3 Dapps in on-chain and off-chain app data storage. With on-chain storage being expensive and slow, and off-chain storage leading to centralization and security risks, Kandola Network aims to revolutionize the industry, similar to what IPFS did for file storage.

Founded in 2021, Kandola Network has already made significant strides, raising a pre-seed round at a $20 million valuation from marquee VC investors and angels, including Alpha Wave Global, Arcanum Capital, and Harsh Rajat.

The company boasts a team of highly experienced Ph.Ds, Masters, and technocrats, with 4 patents filed and a Public Testnet launch in Q4 2023. Furthermore, Kandola Data Consensus and Technology Whitepaper have been selected for presentation at prestigious conferences such as IEEE ICBC in Dubai, IEEE COINS in Berlin, and IEEE BCCA in Kuwait.

Kandola Network's focus is on empowering Web3 App Developers, inviting them to sign up for public Testnet access to build secure and cost-effective Dapps that are truly decentralized. The company's innovation and vision for the future present exciting possibilities in the Information Technology sector.

To further connect with Kandola Network, potential partners and investors can schedule a meeting via the provided Calendly link. Overall, Kandola Network is poised to make a significant impact in the tech industry, making it an intriguing prospect for potential investors and partners.

Taxonomy: Decentralized Database, DaaS, Web3 Dapps, Data Storage, IPFS, Pre-seed Funding, VC Investors, Patents, Technology Whitepaper, Testnet Launch, Data Consensus, Ph.D. Team, Secure Dapps, Decentralization

Funding Rounds & Investors (2)

View All
Funding Stage Amount Investors Lead Investors Date
Pre Seed Round $450.00K 3
Alpha Wave Global, Arcanum Capital +1
04 Apr 2022
Pre Seed Round Undisclosed 1
Arcanum Capital
01 Oct 2021

Kandola Network Alternatives & Competitors

Kandola Network vs
Openmesh
Openmesh Australia

Building a decentralized data infrastructure storing important global data without a middleman, star...

24 employees
Big Data, Data Analytics
Kandola Network vs
Skynet Labs
Skynet Labs United States

Decentralized Internet for a Free Future—host content and applications using decentralized storage.

Seed
41 employees
Blockchain, Cloud Infrastructure

FAQ About Kandola Network

Revolutionizing AI with blockchain-based Federated Learning and RAG. Secure AI training on private data.
Kandola Network was founded in 2021.
Kandola Network operates in Cloud Infrastructure, Crypto, Data Analytics and Information Technology. Its work centres on Decentralized Database, DaaS, Web3 Dapps and Data Storage.
Kandola Network has approximately 6 employees.
Kandola Network has completed 2 funding rounds, raising a total of $450.00K. The latest funding stage is Pre-Seed.
Top alternatives and competitors to Kandola Network include Openmesh, Skynet Labs. These companies operate in related industries and serve comparable markets. You can compare them side by side on Bounce Watch.
Kandola Network and Openmesh are both companies in similar industries. Compare their funding, team size, growth signals, and market position on Bounce Watch to see which one fits your needs.

Source: BounceWatch company record for Kandola Network, https://bouncewatch.com/company/kandola-network, updated 9 November 2024. When citing, please name BounceWatch and link this page.

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