EU Awards €1.5M Grant to AIxBlock, With €61.5M More in the Pipeline
Summary
AIxBlock secured a €1.5 million innovation grant from the European Union and says it has up to €61.5 million more in pre-approved grants in the pipeline. The company builds a decentralized AI infrastructure platform for model training, deployment, and workflow automation. It plans to use the funding to expand across Europe and build a decentralized GPU network using underutilized data centers. The release also highlights organic user growth, enterprise adoption, and positioning around compliance, privacy, and vendor independence.
Funding
Amount
$1.7M
Total raised
Date
August 4, 2025
Announcement date
Investors
EASME - EU Executive Agency for SMEs
Lead investors
Company
https://aixblock.io
Funded company
Classifications
industries
No industries detected
applications
Data Management
AskAI Classifications
Labels
AI Development Platforms
SaaS
Data Labeling Software
Linked Companies
AIxBlock
$1M to $5M