Botanika, a Dubai, UAE-based company providing decentralized data storage solutions, raised $1.5M in funding.
Backers were 30 angel investors.
The company intends to use the funds to launch its go-to-market (GTM) strategy to drive user acquisition and educate the market on its decentralized storage technology.
Led by CEO Siwon Kim, Botanika is building an efficient, hyper-scalable, decentralized data storage network powered by its proprietary B1 hardware nodes, patented AI-driven sharding, transmission, and data regeneration algorithms.
The company is supported by an advisory team, including Jasmine Zhang, General Partner at A&T Capital; Aamer Chaudhry, Principal at Accenture; Dr. Qurashi, Director of Data Center at Kyndryl; and Dr. Al Sanad, Professor at King Saud University.
FinSMEs