Singapore, Singapore, February 08, 2018 --(PR.com
)-- ATN and Atmatrix, blockchain and Artificial Intelligence (AI) platform providers, announced a strategic investment of US$10 million from leading investment organizations including Dream Chaser Capital, Capital Dynamics Fund, Longqing Capital and Drop Capita.
ATN.io manages the public chain and international operations of Atmatrix.org; both entities empower AI services through a multi-functional marketplace of shared AI solutions. The platform will also take advantage of Decentralised Bot (DBot) technologies to introduce AI to various blockchain platforms.
The AI ecosystem created by ATN is based on a multi-centred coordination blockchain that is open, transparent and does not require authorization. This provides a protocol and holistic functionality for sharing AI services within the industry, which enables AI services providers and consumers to integrate into the marketplace seamlessly.
The AI marketplace leverages Atmatrix’s existing technical community and influencers has already connected with Baidu, Alibaba, Tencent (BAT), Iflytek, Google, Amazon, IBM and Microsoft. There is also extensive support and attention from blockchain and AI leaders, AI and Big Data academics and government institutions.
ATN spokesmen commented, "Having received such a smart investment, both ATN and Atmatrix are hugely encouraged, and our team will become stronger as well. This investment will accelerate our efforts towards improving the current reputation management system and DBot servers. We will strive to establish a more thriving, more powerful platform of shared AI services."
An introduction to investors:
Dream Chaser Capital is one of the most dynamic Angel Investment organizations. It is initiated by Zhu Bo, the most dynamic entrepreneur in China and an avid Angel investor. Its fund management team has many years of internet entrepreneurial experience and international managerial experience. It has also been awarded as one of “top 10 Angel Investment Institution in China” and “the most Dynamic Angel Investor in China” for several years in a row. Besides, it signed a strategic cooperation agreement with Bytom, a blockchain project, in December 2017.
Capital Dynamics Fund is a professional institution which focuses on Chinese market but provides fund management advice and consultations on equity and investment portfolio for clients worldwide. Capital Dynamics is also the parent fund of Sequoia Capital, IDG Capital and Cybernaut Fund.
Longqing Capital is a company specializing in equity and investment management. With more than ten years of experience in fund management, its team is familiar with the business environment in China and capital investment rules. Their team has helped a dozen enterprises to go public successfully and executed the merger and acquisition of several companies. The management team of Longqing Capital has managed RMB2 billion funds in total.
Drop Capita is one of the most dynamic investment institutions in blockchain industry. Mr Juxie is currently their commissioner. Drop Capita progressed numerous partnerships with organizations and institutions within the blockchain industry. They have taken part in investing several fast-growth blockchain projects for the rapid development of blockchain industry.
ATN is an Artificial Intelligence API marketplace where developers, technology suppliers and buyers come together to access & develop new and innovative forms of A.I. technology. ATN is efficiently building the next generation of blockchain in a trusted and collaborative environment.
Adel Shahin, Foundation Council