Inference Labs is a project worth keeping an eye on.

What they're working on is quite interesting—bringing zero-knowledge machine learning ((zkML)) from a lab concept to a practically usable decentralized physical infrastructure network ((DePIN)). It sounds academic, but their approach is clearly focused on real-world application.

They’re also solid on the funding front: they’ve raised a total of $6.3 million over three rounds—$2.3 million in a pre-seed round as a foundation, $3 million in a strategic round, and finally $1 million through a public ICO. The backers are some of the most reputable in the space: established funds like Delphi Ventures and Mechanism Capital are all involved.

They’ve chosen zkML, a relatively niche technical track, but if they can really bring down verification costs, there’s definitely potential in DePIN scenarios. Now it’s just a matter of whether the product can actually take off.