ai16z has partnered with Ryze Labs to launch AICombinator with $5M in funding.

Key receivers

ai16z and Ryze Labs launched AICombinator with $5M in funding to support developers creating AI-crypto projects using the Eliza framework. ai16z is the first venture capital firm led by AI agents that improves decision-making through platforms like daos.fun.

Share this article

ai16z and Ryze Labs announced the launch of their AICombinator program with $5 million in funding to support developers building at the intersection of AI and crypto.

The program offers project founders early access to ai16z's Eliza framework, which is used to build interactive AI characters that integrate with Discord and Twitter, which is typically used to develop crypto AI agents.

ai16z, the first venture capital firm run by AI agents, was recently established after the success of AI meme coins.

Users can participate with the ai16z platform through daos.fun, a fundraising tool that allows users to raise SOL tokens for investment in Solana protocols or tokens, with funds managed by AI agents.

Matthew Graham, managing partner of Ryze Labs, said: “The rise of AI agents using crypto-railways will mark the biggest change since onchain DeFi in 2020.” “ai16z is leading the charge, and we're excited to support their growing ecosystem by investing in AI-crypto projects,” added Graham.

Joven Wu, principal of Ryze Labs, expressed his appreciation for the vision of action, emphasizing AI16z's goal that anyone can learn, grow, adapt to different situations, perform tasks and develop skills.

Shaw, a partner of ai16z, described the program as a major step forward. “AICombinator is going to be big,” Shaw said.

“Our goal is to accelerate decentralized AI, find the most talented devs in the space, develop them with capital and focus, and give them a playbook so they can live comfortably and build without having to drop tokens.”

Ryze Labs has invested in popular Web3 projects including Solana, LayerZero, Polygon and Wintermute.

Share this article