SparkChain AI
A decentralized network that empowers users to share their unused internet bandwidth and computing resources
About SparkChain AI
SparkChain AI, founded in 2024 and headquartered in Sheridan, Wyoming, is developing a decentralized physical infrastructure network (DePIN) that aims to address the growing demand for artificial intelligence compute power. The company's co-founder and CEO is Ethan Cole. In June 2025, the firm announced a significant milestone, having raised $10.8 million in a strategic funding round led by OakStone Ventures. This capital is intended to scale its decentralized network, enhance AI processing capabilities, and forge strategic partnerships, particularly ahead of its launch on the Solana blockchain.
The core of SparkChain AI's business is a model that allows individuals and organizations to share their unused internet bandwidth and idle computing resources. Participants, or node operators, contribute these resources to a global network and, in return, earn rewards in the form of the native SPARK token. This aggregated power creates a distributed AI supercluster, designed to offer a cost-effective and scalable alternative to traditional, centralized cloud providers for tasks like AI model training, real-time inference, and data processing. The business model generates revenue from fees on transactions within the ecosystem, such as AI dApp deployments and dataset access, with a large portion of this revenue being redistributed to token stakers who help secure the network.
The company's primary service revolves around its "Sovereign Data Rollup" architecture, which orchestrates the network of contributors. Users can participate by installing a lightweight browser extension or desktop application, the Spark Lite Node, which runs in the background to collect public web data and contribute resources without accessing personal information. This process transforms unstructured web content into structured datasets suitable for training large language models (LLMs). By leveraging blockchain, specifically through the use of zero-knowledge proofs, the platform aims to ensure the provenance and integrity of the data pipeline. The service is targeted at AI developers, researchers, and enterprises who require scalable and affordable compute power.
Source: Dealroom company dataKnowledge graph
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Funding history
Company financing events and reported valuations.
| Deal type | Date | Amount | Valuation | Investors | Source |
|---|---|---|---|---|---|
| EARLY VCOther financing | Jun 2025 | $11M | $43M | OakStone Ventures | ↗ |
Growth signals
Latest recorded traffic for SparkChain AI is 1.2K monthly website visits, down 92% over the last three months.
Investments and acquisitions
Recent portfolio relationships for companies that also act as investors or acquirers.
Investors
From Dealroom's funding and investor records, grouped by the round each investor first entered.
Series A1 investor entered at this stage
- OVOakStone Ventures
Source: Dealroom Talent Intelligence.
Global footprint
Market sentiment
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