Browsing: Investment & Funding

The initiative launched by Saudi Arabia’s Ministry of Investment in collaboration with the Hashgraph Association aims to foster over 500 companies, by enabling the next generation of Web3 entrepreneurs and the convergence of technologies such as AI, DLT, Virtual Reality (VR), Robotics, and Quantum Computing.

Sensos introduces a groundbreaking solution combining cellular technology and AI to tackle the logistics industry’s fragmentation and inefficiency, offering real-time, actionable data for proactive management.

The Taraxa Grant Program is uniquely inclusive, inviting individuals, teams, and organizations of all types to contribute to the technical development of the ecosystem.

The primary use of the funding—to scale GPU optimization technology—addresses a critical bottleneck in the AI industry: the shortage of affordable and accessible computing resources.

“AI could be the most powerful technological force driving humanity’s progress in the future. Everyone, not just tech giants, should be able to reap the economic benefits of the AI-driven era,” states KIP Protocol CEO, Julian Peh.

Synonym’s cross-chain money market provides a solution by enabling the borrowing of assets on one blockchain using collateral assets on another, ultimately promoting cross-chain efficiency.

The AirDAO Council plans to use these funds to launch dApps to increase the utility of its ecosystem and create mobile-first DeFi protocols that will improve users’ access to DeFi tools and enhance their investment opportunities.

“Polymer’s mission is to establish the next generation of the internet by ensuring that the interoperability layer connecting all blockchains is neutral, open, modular, and permissionless across ecosystems,” states Polymer Co-founder, Peter Kim.

“With the first U.S. spot Bitcoin ETFs now approved, the digital asset sector is poised for a powerful phase of adoption, in which trusted market-leading data solutions will play a crucial role in steering its growth,” states CCData CEO, Charles Hayter.

The move aims to address the existing gender bias, empowering female entrepreneurs and recognizing women’s contributions in the blockchain and Web3 space.