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General Tensor has completed $5 million in seed and pre-seed funding rounds, with Good Morning Holdings leading the investment.
Odaily Planet Daily reports that Bittensor ecosystem infrastructure startup General Tensor has announced the completion of a total $5 million oversubscribed seed and pre-seed funding round. The seed round was led by Good Morning Holdings, a venture capital firm supported by Goldman Sachs; the December 2024 pre-seed round was led by Lvna Capital, with participation from DCG, X Ventures, Proof of Talk, and Outliers Fund.
Founded in early 2024, General Tensor was originally named General TAO Ventures. It focuses on developing and operating mining, validation, and subnet infrastructure for the decentralized AI network Bittensor. The company is referred to as a “TAO generation tool,” claiming that its cost efficiency for acquiring TAO tokens is about 40 times higher than direct purchase. Currently, its business also includes consumer DeFi application development and subnet incubation. (The Block)