Mira, a rising star in the tech world weaving together cryptocurrency and Artificial Intelligence (AI), has just concluded its first fundraising round securing a whopping $9 million. The initiative, headed by Bitkraft Ventures and Framework Ventures, shows strong industry faith in this recent startup.
The financial backing didn’t just come from Bitkraft and Framework. Other noteworthy contributions to the cause came from Accel, Mechanism Capital, Folius Ventures, and AJ Scaramucci’s SALT Fund. While Mira hasn’t shared specifics, the broad support indicates a strong expectation of the company’s potential growth and success.
So, what’s the story behind Mira? The brains behind this tech innovator are co-founders Sidhartha Doddipalli and Karan Sirdesai. Both come from impressive backgrounds – Doddipalli from tech and Sirdesai from investment – providing complementarity to create a company with a strong core operation.
Mira’s mission is making AI applications more accessible to developers.
Mira’s AI and cryptocurrency infusion success
They’ve developed a toolkit and workflows to simplify development and to keep up with evolving AI trends, so developers don’t fall behind. Their end goal is to enable developers to zero in on creating, leaving the nitty-gritty infrastructural tasks to the toolkit.
But Mira goes a step further. They’ve also created a feedback loop where developers are financially rewarded for their contributions. This has led to an upsurge of interest from new developers, thus driving growth and productivity on the platform.
Mira’s influence is already noticeable, with projects like Klok, a crypto chatbot, and Spoke, a traffic management tool benefitting from its AI methodology. Future plans include further exploration into blockchain technology and the expansion of their application use-cases.
In their next phase, Mira aims to grow their team of 25. They’re based in Singapore and India and are looking to add at least five new engineers to broaden their technical capability. This capability boost will enable the company to tackle more ambitious projects and maintain its forward momentum.
No doubt, Mira is a company to keep on the radar as it forges new paths in the realms of AI and cryptocurrency.
