SQD Secures Multi-Million Dollar Contribution in Race to Lead the Fast-Growing AI Agents Market

• Multi-Million Contribution Led by Christian Angermayer’s Apeiron Investment Group
• SQD Emerges As The First Database Network Enabling Data for the Autonomous AI Era
• Subsquid Officially Announces Rebrand to SQD.AI

[St. Moritz, Switzerland] – SQD.AI (Token: SQD; formerly Subsquid), the pioneering force in decentralized data solutions, today announced a multi-million dollar contribution led by tech billionaire Christian Angermayer’s Apeiron Investment Group and Epicurean Invest AG, an early backer of Snowflake Inc. The funds will be used to supercharge SQD.AI’s efforts to become the market leader for decentralized data amid the rapid growth of AI Agents.

Formerly Subsquid, SQD.AI will deliver the first open database network empowering AI Agents with seamless access to reliable, secure, and efficient data. SQD.AI combines cutting-edge technology with a decentralized community-driven approach to set the standard for the next generation of AI innovation. In conjunction with the investment contribution and rebrand, SQD.AI plans to reveal upgraded tokenomics for operators and delegators.

A New Era for AI: From Closed to Open Data

AI agents need fast, decentralized, and flexible data. Operating within an increasingly dynamic and digital world, AI agents rely on secure and scalable data to perform and optimize functionality. As a global leader in decentralized data solutions, SQD.AI is uniquely positioned as the only player in the market to deliver custom-built solutions to meet these needs – shaping the foundation and future of AI on a global scale.

“We’re entering a transformative era as SQD.AI emerges as the first open database network potentially powering billions of AI Agents in the future,” said Marcel Fohrmann, Co-Founder of SQD.AI. “AI Agents are the future, and we are building the data infrastructure they need to thrive.” Fohrmann is referring to the expectations of more than one billion AI Agents in 2025 that Andreessen Horowitz (aka a16z) just recently shared as major trends for the new year.

SQD.AI represents the essential infrastructure powering the next generation of AI agents.

“We’re ecstatic to partner with a group of world-class investors who share our long-term vision for SQD.AI and are committed to making the project a success," added David Attermann, CIO at M31 a New York-based blockchain and AI investment firm, one of SQD.AI's other large backers. “As early investors in Snowflake, we see many similarities in SQD.AI today, and understand its invaluable position within the Web3 AI tech stack.”

Looking ahead, SQD.AI plans to release its updated tokenomics and revamped roadmap throughout the year.

To learn more about SQD.AI and its plans to fully unlock AI agent capabilities, please visit: www.sqd.ai.

About SQD.AI

SQD.AI is the first open Database Network empowering AI Agents and Web3 services with seamless access to reliable, secure, and efficient data. By combining cutting-edge technology with a decentralized community-driven approach, SQD.AI is setting the standard for the next generation of AI innovation.

For more information, visit www.sqd.ai or follow us on X @hellosqd.

Contact:

Wanja S. Oberhof

Chief Growth Officer

Mail: wso@sqd.ai

Telegram: @wsonyc

Twitter: @wso_