Validation Cloud, a Zug, Switzerland-based Web3 data and AI company, raised $10m in funding.
True Global Ventures led the round.
The company plans to use the funds to expand its AI product, bringing 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. The products are used by the top networks, applications, and enterprises in Web3 demanding performance, scalability, and SOC2 Type 2 compliance.
In staking, Validation Cloud has exceeded more than $1 billion of assets staked, growing 400% year-over-year. Further, its Node API consistently demonstrates the best global performance, measured by CompareNodes. Some of Validation Cloud’s clients include Chainlink, Aptos, Consensys, Stellar, and Hedera.
FinSMEs
23/10/2024