Crunch Lab, a New York-based company contributing to the CrunchDAO protocol, has raised US$5 million in a strategic funding round co-led by Galaxy Ventures and Road Capital, with VanEck and Multicoin also participating.

Crunch Lab plans to use the new funding to develop its platform and enter industries beyond finance and biomedical research.

Crunch Lab stands at the forefront of AI research, uniting Nobel laureates, top data scientists, and leading machine learning experts.

Crunch Lab operates a decentralized network that connects more than 10,000 machine learning engineers and 1,200 PhDs to enterprises through modeling challenges.

The round, completed in June 2025, brings Crunch Lab’s total funding to US$10 million.

The company said its technology has been used by organizations such as Abu Dhabi Investment Authority’s research arm and the Broad Institute of MIT and Harvard, citing improvements in asset pricing predictions and cancer gene research.

The company was also selected for the second cohort of the Solana Incubator earlier this year.

🔗 Source: Crunch Lab