iExec has announced the launch of a new $1 million ecosystem fund aimed at accelerating development in decentralized physical infrastructure networks (DePIN) and artificial intelligence (AI). The fund offers both equity-based and grant-based funding to support Web3 developers.
Strategic Funding for Web3 Builders
The new iExec Ecosystem Fund is designed to fuel innovation in DePIN, AI, decentralized finance (DeFi), and other emerging sectors. Projects will receive support tailored to their development stage—whether early prototype or scale-up.
Funding is available in two forms:
* Dilutive investments (e.g., equity or token agreements) * Non-dilutive grants, which do not require giving up ownership
Beyond Capital: A Full-Stack Support System
In addition to financial backing, iExec is offering a range of non-monetary resources:
* Technical mentoring * Strategic partnerships * Access to iExec’s confidential computing capabilities * Participation in the newly formed AI Unbundled Alliance, an initiative to bolster decentralized AI infrastructure
This comprehensive support system aims to reduce the barriers to building complex, privacy-centric solutions in Web3.
Leadership Perspective
Nathan Chiron, Chief Revenue Officer at iExec, emphasized the fund's mission-driven approach:
“We invest in conviction, not consensus. With the launch of the RLC Ecosystem Fund, we’re confident we can add real value by backing the builders defining the future of AI and DePIN, one that puts privacy first.” CITE_W_A.
The introduction of the $1 million fund by iExec highlights its commitment to fostering innovation in artificial intelligence and decentralized physical infrastructure, creating opportunities for Web3 developers.
