Spice AI announced a seed round of $13.5 million for its platform that enables developers to build data driven applications for Web3. Madrona led the round with Australia based Blackbird Ventures, Basis Set Ventures, Alumni Ventures Blockchain Fund, Joe McCann's new Asymmetric fund, Protocol Labs, IEX Fund, and other strategic angel investors participating, including Thomas Dohmke, CEO of GitHub, who is also joining the board.

Founded in 2021 by Microsoft and GitHub alumni, Spice AI is creating technology to make artificial intelligence and machine learning more accessible to developers. The company builds on the expertise of an experienced founding team and hopes to enable the next generation of intelligent software to bring quality-of-life improving applications to everyone.