0G Labs completed a major node sale, raising $30 million to power a decentralized AI operating system. The company has raised huge amounts of money in recent months, proving investor interest in this technology.

This news comes from an exclusive press release shared with BeInCrypto.

0G Labs Launches AI Node Sale

0G Labs, an AI research company, has recently conducted several fundraising efforts beyond this node sale. In 2024, it was one of the crypto industry’s largest recipients of VC funding, receiving over $40 million in November. The proceeds of this sale don’t quite match that achievement, but this is nonetheless quite impressive.

“Almost 85,000 nodes were purchased by approximately 8,500 individuals, bringing the total raise to $30.6 million. In the process, it set a record for the 2nd most number of unique buyers to participate in a node sale. The raise ensures that 0G will launch with a diverse and globally distributed network of node operators in place,” the firm claimed.

Node sales are a popular method of fundraising in the crypto and Web3 space, with companies in several sub-sectors launching them. For example, the DePin project Privasea sold out one node sale in August and launched another in October.

Also, Lumia, an RWA DeFi protocol, had a successful node sale last year, as did the payments platform Wirex.

However, no other AI firms have conducted high-profile sales like 0G in recent months. Between this sale, the $40 million in November, and several other seed and pre-seed fundraising rounds, 0G Labs claimed it raised over $400 million in total.

AI is sweeping through the crypto ma

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Author: Landon Manning