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Funds from the Pre-Series A round led by Dragonfly will further develop MyShell’s open-source models and agent platform for empowering AI creators, a decentralized AI consumer layer, announced today that it has raised US$11 million in a Pre-Series A round, with participation from a cohort of high-profile investors, including Dragonfly, Delphi Ventures, Bankless Ventures, Maven11 Capital, Nascent, Nomad Capital, OKX Ventures, etc.
“MyShell is poised to revolutionize the AI creator ecosystem,” MyShell CEO Ethan Sun said. “With this new funding, we’re not just scaling our operations, we’re catalyzing a movement towards a more open, collaborative, and democratic AI landscape.” In contrast to most dominant AI companies such as OpenAI, MyShell is committed to decentralization and open-source development.
The funding reflects MyShell’s position as a pioneer in the AI consumer layer with its open-value network that deploys a revenue-share economic model. MyShell also provides unique toolkit features such as the “Workshop” where users build AI agents through prompts, and “Makerspace,” a no-code AI workflow builder for creators.
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