Rena Labs, a company aiming to enable the next generation of autonomous and verifiable AI solutions, announced closing a $3.3 million pre-seed funding round led by Paper Ventures. And the company attracted investment from several venture capital firms, including Lightspeed Faction, Eterna Capital, Lyrik Ventures, Mapleblock Capital, Selini Capital, Keyrock, and others.
Responsible for creating the first TEE (Trusted Execution Environment) abstraction middleware, Rena Labs now plans to use the capital to accelerate the development of its groundbreaking TrustEE technology and ensure the privacy, security, and scalability of AI apps. And it also intends to expand its team by bringing aboard top developers and industry experts while fostering user education and community engagement around trustless AI.
Rena Labs’ TrustEE abstraction stacks create the foundation for verifiable AI, creating a trustless intelligence platform accessible to both developers and end users. And the company’s high-impact applications will include a Market-Making Integrity Dashboard, Private Order Execution for DEXs, Fully Autonomous AI Agents for On-Chain Gaming, and Private Data Sales in DePIN.
So far, Rena Labs’ collaboration initiatives have spanned multiple domains and include multi-modal large language models (LLMs), autonomous AI agents, DeFi protocols, and innovative applications in gaming and social spheres. Through these efforts, the project aims to deliver impactful, secure, and scalable AI solutions in numerous verticals.
KEY QUOTES:
“This raise marks a pivotal moment in our mission to make user-owned, verifiable AI a reality. The endorsement of so many proven investors is testament to the culture of innovation that drives us every day. Rena Labs will build a future where AI systems are not just powerful but fundamentally aligned with user privacy and security. This capital allows us to make tremendous strides.”
– Conan, co-founder at Rena Labs
“We see TEE as being critically important to the evolution of agentic AI, a space with enormous potential, and there’s ample evidence to suggest Rena Labs will be at the center of this transformation. Few projects combine AI with blockchain technology in such a meaningful way, and we are extremely excited to support their vision.”
– Danish Chaudhry, Cofounder of Paper Ventures
