Amman-based tech innovator Arknet announced the successful closure of its Series A funding round, raising $6.25 million in new capital.
The round led by Morningstar Ventures, reinforces Arknet’s vision to establish a decentralized, next-generation internet that empowers human interaction, data sharing, and AI integration in a secure and energy-efficient network.
Arknet was founded in 2020 by Karam Jaber. It is positioned as a leader in building a distributed network for AI models, blockchain, and data-sharing applications.
This Series A funding marks the second investment round since its initial seed funding on March 5, 2022, and signals significant investor confidence in Arknet’s long-term potential.
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According to the founders, the funds raised will accelerate Arknet’s technological development, expand its user community, and further refine its infrastructure to support scalable, decentralized internet solutions.
Arknet’s approach centers on a pioneering alternative to traditional large language models (LLMs). Through “Ark,” its community-driven AI platform, Arknet supports multifaceted communications, enabling seamless execution of blockchain transactions, AI model training, and API-based inference. It aims to foster a more open and accessible internet, underscoring transparency and efficiency.
Operating actively across the EMEA region, the firm has gained attention as a pivotal player within the blockchain, cloud storage, and unified communications sectors. This latest funding infusion is expected to boost Arknet’s ability to advance a truly human-centric internet, paving the way for broader applications and future rounds as demand for decentralized and AI-driven solutions rises.
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