Carv Raises $10M in Series A Funding

Carv

Carv, a Santa Clara, CA-based modular data layer for gaming and AI, raised $10M in Series A funding.

The round was led by Tribe Capital and IOSG Ventures, with participation from key investors such as Consensys (developer of MetaMask and Linea), OKX Ventures, Fenbushi Capital, No Limit Holdings, Draper Dragon, Arweave, LiquidX, MARBLEX (the web3 arm of Netmarble), and more. This adds to existing investors including HashKey Capital, Infinity Ventures Crypto, and Temasek Holding’s subsidiary, Vertex Ventures.

The company intends to use the funds to expand operations and its development efforts.

Led by Victor Yu, co-founder, Carv specializes in providing gaming and AI development with holistic, high-quality data enhanced with human feedback in a regulatory-compliant, trustless manner. There are three parts to the company’s solution.

First, CARV Protocol is a modular cross-chain data layer encompassing components for authentication, storage, processing, and monetization.

CARV Play is the cross-platform credentialing system and the largest web3 gaming distribution and social platform.

Finally, CARV’s AI Agent, CARA, is the personalized gaming assistant with seamless integration of web3 wallets, TON-based games, and social networking. Based on the player’s game and platform data, CARA can recommend games, activities, projects, and airdrops.

Looking ahead, CARV is preparing to launch its node sale, aimed at enhancing decentralization and bolstering trustworthiness across every layer of its protocol.

FinSMEs

25/04/2024