Sundae Bar (Bittensor subnet 121) has closed a £1 million equity raise to drive the expansion of its core platform and subnet. The funding positions the company to scale its development team and strengthen benchmarking standards for agent creation.
In an announcement shared on X, Sundae Bar said the new capital will help it set new standards for building high-quality agents and make its marketplace the go-to platform for problem-solving tools. “We’re accelerating Sundae Bar + Subnet 121 by expanding our SN121 dev team and advancing bespoke benchmarking to set new standards for agent builds,” the post read.
Sundae Bar’s Subnet 121, launched in September 2025, is an incentivized network designed to promote competition and innovation within the Bittensor ecosystem. Its marketplace connects businesses with verified agents built for automation, analysis, and specialized tasks, offering a curated environment for reliable solutions.
Read more about Sundae bar here.
This latest round follows the company’s earlier funding efforts. Sundae Bar went public on the London Stock Exchange’s AIM market in June 2025, raising £2 million through a placing of new shares to fund its initial growth. Shortly afterward, it introduced a bitcoin treasury policy and launched a retail share offer, which saw its stock rise 24%. These moves reflected investor confidence in the company’s hybrid approach to technology and finance.
With new capital secured, Sundae Bar plans to expand its engineering team and continue refining Subnet 121. As the competition among decentralized marketplaces intensifies, the company’s focus on quality and measurable performance could help it stand out in an increasingly crowded field.
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