NeoSwap AI, a Richmond, VA-based AI-powered NFT trading startup, secured $2m in pre-seed funding at a valuation of $15m.
The round was led by Digital Asset Capital Management (DACM) and AngelHub, and included participation from Gossamer Capital, Cavalry Asset Management, Stacks Ventures, Dhuna Ventures, and several angel investors.
Led by Dr. John Ennis, CEO, and co-founders Hamza Diaz and Kuba Kwiecien, NeoSwap AI leverages a multi-party, multi-item trading platform powered by artificial intelligence to innovate commerce. Its proprietary algorithms allow for efficient trade discovery using digital assets and minimal currency, offering a new and more efficient form of commerce compared to traditional centralized methods that require greater liquidity. The company recently managed the world’s first Ordinals NFT smart auction, hosting the event for Brian Laughlan, creator of the notable “Satoshibles” NFT project.
Other founding team members include Kieran Parker-Moroney, Chief Strategy Officer, and Pawel Kurzeja, Chief Operating Officer, ex-IBM.
FinSMEs
24/02/2023