Validation Cloud, a Zug, Switzerland-based Web3 data and AI company, raised $10M in Funding.
The round wad led by True Global Ventures.
The company intends to use the funds to expand its AI product, bringing seamless access to Web3 data and enabling user experiences to network ecosystems and applications.
Led by Alex Nwaka, Validation Cloud is a Web3 data and AI company with products in staking, node, and data-as-a-service. It is used by networks, applications, and enterprises in Web3 demanding performance, scalability, and SOC2 Type 2 compliance. The company’s product platform consists of three components: staking, node API, and data & AI. Clients include Chainlink, Aptos, Consensys, Stellar, and Hedera.
This funding round follows the company’s raise in February 2024, led by San Francisco-based Cadenza Ventures, with participation from Blockwall, Bloccelerate, Side Door Ventures, GS Futures, AP Capital, Blockchain Founders Fund, and Metamatic.
FinSMEs
07/11/2024