Main Points Related to Bitcoin, Web3, Ethereum, and Cryptocurrency:
- Significant funding activities in the crypto space showed continued interest in web3 innovations.
- Key players like Sentient, Lombard, OpenLedger, Mamori.xyz, and Trever secured substantial seed funding.
- These projects aim to revolutionize AI, decentralized finance, security in web3, and digital asset infrastructure.
Sentient, AI Research Organization, Secures $85 Million
Sentient, an artificial intelligence (AI) research organization, raised an impressive $85 million in seed funding. The funding was led by Founders Fund, Pantera Capital, and Framework Ventures, with participation from Ethereal Ventures, Robot Ventures, and Delphi Ventures. Sentient’s goal is to create an open AGI economy for AI developers through open-source AI innovation.
Lombard Integration of Bitcoin into DeFi Space Raises $16 Million
Lombard, dedicated to integrating Bitcoin into decentralized finance, successfully raised $16 million in its seed round. The funding was led by Polychain Capital and included investments from BabylonChain, dao5, Franklin Templeton, and others. Lombard’s LBTC product enables users to engage in defi activities while holding Bitcoin, enhancing liquidity and growth in both sectors.
OpenLedger, Revolutionizing AI Development with $8 Million Investment
OpenLedger, a web3 AI firm, secured $8 million in seed funding to build a permissionless, data-focused infrastructure for AI development. The project, led by Polychain Capital and Borderless Capital, aims to enhance AI model performance by decentralizing data pipelines, with plans to launch on the mainnet soon.
Mamori.xyz Enhances Blockchain Security with $5 Million Funding
Mamori.xyz, an automated blockchain value extraction system, raised $5 million in seed funding. Blockchain Capital led the round, with investments from Velocity.Capital and Web3.com. Mamori.xyz addresses security challenges in web3 using machine learning to bolster blockchain security.
Trever, Provider of Institutional Operating Systems for Digital Assets, Secures $2.6 Million
Trever, an institutional operating system provider for digital assets, received €2.4 million ($2.6 million) in seed funding. The round was co-led by TX Ventures CH and Market One Capital LUX, with additional investments from Blockchain Founders Capital DE and Dr. Alex von Frankenberg. Trever’s software offers infrastructure for financial institutions to manage digital assets, catering to banks, brokers, and funds.
