🚀veDAO Financing Daily News 04/15/2023

Provide the latest and most complete industry financing news, get first-hand news, please pay attention to veDAO financing daily!

【1】DistylAI&OpenAI

Amount: $7 million

Stages: Seed round

Date: April 14

Investors: Coatue, Dell Technologies Capital, Nat Friedman, Brad Gerstner, Jim Cash

Category: Service Alliance

Description: Distyl AI says it will use the new funding to drive seamless integration of generative AI with workflows and provide AI research (e.g. GPT-4) and infrastructure (e.g. dedicated instances) support

Website(1): https://distyl.ai/
Website(2): https://openai.com/

Twitter(1): https://twitter.com/DistylAI
Twitter(2): https://twitter.com/OpenAI

【2】Natix Network

Amount: $3.5 million

Stages: Seed round

Date: April 14

Investors: Blockchange, XYO, Mysterium Network, CV VC, Plug and Play, Mulana Capital, Blockarm Capital, Techstars, CoinIX Capital

Category: IOT,DePIN

Description: Natix Network is a blockchain-based and crowdsourced camera network creating a real-time map of the world. This Decentralised Physical Infrastructure Network (DePIN) of cameras uses Natix’s AI technology to map the world whilst at the same time ensuring that no private data is collected. Its Drive& app is a drive-to-earn mobile app. While collecting geospatial data through the dashboard mounted camera it has AI software to collect data like the volume of traffic on the road, objects such as traffic signs, and infrastructure damages including potholes and faded road markings.

Website: https://www.natix.network/

Twitter: https://twitter.com/natixnetwork

【3】Particle Network

Amount: Undisclosed

Stages: Strategic financing

Date: April 14

Investors: Cobo Ventures

Category: Infrastructure, MPC Wallet

Description: Particle Network is a middleware platform for Web3 developers that aims to enhance their development efficiency and accelerate the mass adoption of Web3. Its core product is a login and wallet middleware based on MPC-TSS technology. There is no need for end users to memorize mnemonic words and use gas fees, which greatly reduces the threshold for Web3 adoption.

Additions:$7 million in seed round funding closed on March 24, 2023; $1.5 million in pre-seed round funding closed on May 5, 2022

Website: https://particle.network/

Twitter: https://twitter.com/ParticleNtwrk

【4】Medieval Empires

Amount: $3 million

Stages: Undisclosed

Date: April 14

Investors: DWF Labs

Category: Game

Description: Medieval Empires is an elaborate, multi-player online strategy game set in what is now modern-day Turkey, during the late 13th century. The storyline of the game initially focuses on Ertuğrul Gazi, a tribal warrior and a celebrated leader of the Kayi tribe. Future faction additions such as the Mongols or Byzantines would be added to make gameplay more interesting and to expand the playable world of Medieval Empires.

Additions: $2.1 million in seed round funding closed on October 5th, 2022

Website: https://www.medievalempires.com/

Twitter: https://mobile.twitter.com/medievalempires

About veDAO

veDAO is an investment and funding community dedicated to discovering early-stage potential projects. By gathering public wisdom and professional opinions, veDAO provides a fair, transparent and democratic project evaluation and investment and financing process for community participants, investors and project parties, allowing all participants to share the project development dividends.

Website: https://app.vedao.com/

Twitter: https://twitter.com/vedao_official

Telegram: https://t.me/veDAO_EN

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