Hassan Maishera
AI data marketplace Ta-da has revealed that it has completed a $3.5M funding round. In a press release shared with Cryptowisser, Ta-da said some of the leading blockchain venture capitals participated in the funding round.
The funds raised will be used to develop Ta-da’s infrastructure and to expand its operations. Following the seed round led by Morningstar Ventures which also participated in its follow on, Ta-da said it has received fresh capital injection lead by layer 1 blockchain protocol MultiversX, as well as investors such as GBV Capital, XVentures, NxGen and Spark Digital Capital.
Ta-da will use most of the funds to expand its AI marketplace. However, the team has also allocated some of the funds towards enhancing Ta-da’s marketing and communication and growing its team. It will also support the commission of security audits to independently verify the integrity of its protocol.
Ta-da was launched to solve the problem of high-quality AI data being difficult and expensive to obtain. The problem has made it difficult for AI companies to realize their full potential. Ta-da is focused on providing a competitive marketplace where businesses can acquire reliable datasets, with the ultimate goal of ensuring that AI innovation flourishes.
Ta-da also supports individuals who can earn tokens by recording and checking voice data. Using a gamified web3 app, Ta-da allows “checkers” to perform microtasks and to be rewarded for the data they validate.
The company said it will hold an IDO on xLaunchpad, the official token launchpad of MultiversX in a bid to support the launch of its native app and support a thriving marketplace for AI data.
Ta-da was launched by Vivoka, a successful startup that develops speech recognition solutions. Its CEO William Simonin is a serial entrepreneur and his brother Hasheur, the founder of Meria.com are amongst the leading web3 influencers in France. Other members of its advisory board include Luc Julia (creator of Apple's Siri) and Morningstar Ventures’ CEO Danilo Carlucci.
Ta-da crowdsources data verification, allowing individuals to check datasets and participate in a thriving AI economy. While gamifying AI data and expanding use cases for web3 technology, Ta-da allows businesses to access affordable datasets. This ensures AI companies can leverage verified data to build transformative applications that will change the world.
