Validation Cloud, a Zug, Switzerland-based Web3 technology company, raised $5.8M in Inaugural funding.
The round was led by Cadenza Ventures, with participation from Blockchain Founders Fund, Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures, and AP Capital.
The company intends to use the funds to expand operations and development efforts.
Validation Cloud has developed an innovative system architecture that is known as the “Cloudflare of Web3,” which offers a scalable, and intelligent platform providing Staking, Node API, and Data services. The company has supported a wide array of ecosystems from established ones like Chainlink, Hedera, and Stellar to emerging networks such as Aptos, Eigenlayer, and Berachain. Their platform lays the groundwork for the enterprise adoption of networks.
FinSMEs
29/02/2024