FLock.io

FLock.io is a blockchain and Web3 startup founded in 2022, with a clear mission to empower secure and decentralized machine learning through smart contract coordination. Their slogan "Empowering secure and decentralized machine learning with smart contract coordination. Ensuring privacy and broad governance through blockchain." reflects their core values. The company facilitates decentralized and privacy-preserving machine learning through smart contracts, aiming to eliminate the need for user data collection while ensuring governance participation is enshrined in code. FLock utilizes distributed ledger technology (DLT) to implement a secure and reliable decentralized Federated Learning system built on blockchain. In simpler terms, they create TensorFlow Federated (TFF) for Web 3.0. In March 2024, FLock.io successfully raised a $6.00M Seed Round investment. The investors in this round included prominent names such as Inception Capital, Volt Capital, Lightspeed Faction, Kenzi Wang, Chao Wang, Stefan George, Ken Li, OKX Ventures, Sinhae Lee, and Martin Köppelmann. This investment indicates confidence from key players in the startup ecosystem in FLock.io's vision and capabilities. With a strong financial backing and a focus on cutting-edge technologies, FLock.io is poised to make significant strides in revolutionizing decentralized machine learning within the blockchain space.