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Overview
Grass Network (Wynd Labs) builds a decentralized data-access infrastructure for AI. Its Grass network lets individuals share unused internet bandwidth and earn rewards while the system gathers public web data at internet scale. AI companies and developers can access training and inference data—text, image, video, and audio—through this distributed network built on Solana, offering a user-owned alternative to centralized web crawlers and data providers. The Grass Foundation handles contractual and revenue flows, while the GRASS token supports value accrual and governance across the network. The platform’s commercial focus is expanding from training datasets to live context retrieval and real-time data infrastructure for AI inference, serving AI companies, academic institutions, and non-profits. The goal is to provide a scalable, user-owned data layer that underpins AI with transparent governance and decentralized data access.
About Wynd Labs
Industries
Data & Analytics
Enterprise Software
Crypto & Web3
AI & Machine Learning
Company Size
1-10
Company Stage
Early VC
Total Funding
$14.5M
Headquarters
Toronto, Canada
Founded
2023
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Simplify's Take
What believers are saying
- Grass reported $17 million H1 2026 revenue, nearly seven times H1 2025.
- The network reached millions of active nodes, with 150,000 users routing about 90% of traffic.
- Grass plans first LCR launches in summer 2026, opening live AI-model data sales.
What critics are saying
- July 7, 2026 revenue guidance relies on $15 million shifting into Q3 and H2 execution.
- Stage 2 USDC payouts and the July 22, 2026 claim window intensify token and compliance risk.
- AI-data demand concentration, rising $2-3 million monthly infrastructure spend, and 45 Wynd FTE create existential dependence.
What makes Wynd Labs unique
- Grass owns infrastructure and customer contracts; Wynd Labs is only a core service provider.
- Its residential-node network gathers public web data at internet scale, unlike centralized crawlers.
- Live Context Retrieval targets real-time inference data, extending beyond training datasets on Solana.
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Funding
Total Funding
$14.5M
Above
Industry Average
Funded Over
3 Rounds
Benefits
Hybrid Work Options
401(k) Retirement Plan
Stock Options
Equity package
Paid Vacation
Paid Holidays
Flexible Work Hours
Remote Work Options
Company News
Grass Network, a Solana-based protocol enabling users to monetise unused internet bandwidth, has raised $4.5 million in a seed round led by Polychain Capital. Tribe Capital also participated in the funding. The platform positions itself as a decentralised web scraping protocol with AI data integrations. Its native token, GRASS, has attracted attention within the Solana decentralised physical infrastructure network narrative, supported by a substantial airdrop distribution and venture capital backing. However, the project faces potential market stability challenges from significant token unlocks scheduled through 2025. The unlocks could impact investor sentiment despite the platform's growth in web scraping and AI data applications. Grass Network leverages Solana's low transaction fees to appeal to developers and users.
* Grass, a Solana-based DePIN project, raised $10 million in a bridge round led by Polychain Capital and Tribe Capital.
Grass, a Solana DePIN project, raised $10M in a bridge round led by Polychain and Tribe Capital. The funding, primarily a token purchase, will help Grass execute its roadmap. Grass enables decentralized AI by allowing users to sell idle internet bandwidth. The company aims to shift from training to inference data and build live context retrieval. Grass has 8.5M monthly active users and works with 20 companies. The GRASS token is central to its value accrual strategy.
Grass Network raised $3.5M to enhance decentralized bandwidth sharing using the GRASS token on Solana. Founded by Andrej Radonjic and backed by Polychain and Tribe Capital, the platform allows users to monetize unused internet bandwidth. With over 2 million users in 190 countries, GRASS is gaining traction, listed on exchanges like Kraken. The initiative is compared to Helium, highlighting its growth potential and the importance of institutional support for long-term success.
Grass Network, an AI and data project, has closed a new round of funding led by Hack VC with participation from Polychain Capital, Delphi Digital, Lattice, | Bitget crypto news!
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About Wynd Labs
Industries
Data & Analytics
Enterprise Software
Crypto & Web3
AI & Machine Learning
Company Size
1-10
Company Stage
Early VC
Total Funding
$14.5M
Headquarters
Toronto, Canada
Founded
2023
Wynd Labs is Hiring for 8 Jobs on Simplify!
Find jobs on Simplify and start your career today