CoinDCX Ventures · 8

Decentralized AI data network Perceptron Network completes $6.5 million strategic financing, Selini Capital and others participate

Comparing news, the decentralized AI data network Perceptron Network completed $6.5 million in strategic financing, with investors including Sigma Capital, Selini Capital, QCP Capital, P2 Ventures, CoinDCX Ventures, Momentum6, DeFi Capital, Walrus Foundation, Aethir, Colosseum, GuruDev Capital, Tempo Finance, NewTribe Capital, Digital Consensus Fund, and CodeCraft Capital. The funding round will support the launch of Perceptron's data exploration platform, expand its contributor tools and rewards infrastructure, and scale the network to its goal of 5 million nodes. Perceptron aims to consolidate global data collection into a single contributor network, enabling AI companies and ordinary contributors to acquire, validate, and monetize high-quality data sets. Perceptron is currently online and has over 700,000 nodes.

21d ago#financing

Perceptron Raises $6.5 Million to Accelerate Construction of Decentralized AI Data Infrastructure

Comparing news, decentralized AI data network Perceptron announced the completion of a $6.5 million strategic financing. Participants include a number of Web3 investment institutions, trading firms, ecosystem partners and infrastructure companies, including Sigma Capital, Selini Capital, QCP Capital, P2 Ventures, CoinDCX Ventures, Momentum6, DeFi Capital, Walrus Foundation, Aethir, Colosseum, GuruDev Capital, Tempo Finance, NewTribe Capital, Digital Consensus Fund, and CodeCraft Capital. The funding round will be used to launch Perceptron's data task platform, expand contributor tools and reward infrastructure, and drive the network's expansion towards the target of 5 million nodes. Perceptron aims to make real-world data acquisition fast and convenient enough so that AI companies no longer need to rely on centralized data capture infrastructure. The network consolidates global data collection into a unified network of idle bandwidth, unique data sets, and domain expertise. Through this unified form, both individual contributors and AI companies can generate complete and validated data sets, reducing the time from requesting the data to delivering the data set to a few days. Perceptron is in between two models: one end is a centralized data scraping tool with limited capabilities, and the other end is a closed data collaboration that is difficult for most AI startups to qualify for. Perceptron provides data that AI companies and ordinary contributors can directly use. Through Perceptron, contributors own their own data and revenue, which can be monetized or extracted at any time without relying on a third party. Perceptron is geared towards continuous contribution and continuous iteration rather than one-time data capture. Perceptron will focus on launching a data mission platform in the near future, and it is expected that more announcements will be made in the next quarter. Over the long term, Perceptron is moving towards a fully integrated network of 5 million nodes, so that everything AI companies need is centralized on the same platform to achieve a seamless connection between demand and supply.

22d ago

Mobile game L3 blockchain solution Unite raised $3 million, led by SuperLayer

According to Twitter news, Unite announced the completion of a $3 million seed expansion round. This round of financing was led by Web3 venture studio SuperLayer, with Coinbase Ventures, OKX Ventures, Solana Ventures, Kraken Ventures, Gemini Frontier Fund, Formless Capital, HTX Ventures, and CoinDCX Ventures participating. Unite plans to use this capital to accelerate its strategic transformation and target the mass market Layer 3 blockchain solution for mobile games.

801d agoLuxurytracy#L3 #Superlayer #Unite

Orderly Network collaborates with Google Cloud to develop DeFi infrastructure off-chain components

Comparatively, DeFi infrastructure provider Orderly Network collaborated with Google Cloud to develop off-chain components of DeFi infrastructure, focusing on solving the challenges of self-hosting and transparency. Orderly will be a DeFi infrastructure provider, available on Google Cloud Marketplace. Rishi Ramchandani, head of Web3 GTM in the Asia Pacific region at Google Cloud, said that the surge in related demand highlights the need for a customized Web3 product suite and promoted the conclusion of this cooperation. In March, Orderly Network announced that it has received a strategic round of investment from India's CoinDCX Ventures. The amount is unknown. Its chief operating officer, Arjun Arora, said the funding was realized through a SAFT and valued at $200 million.

1073d agoBTC2025NB#Google Cloud #Orderly Network

Infrastructure protocol Orderly Network completed a strategic round of financing with a valuation of $200 million, led by CoinDCX Ventures

Comparing news, the decentralized infrastructure protocol Orderly Network announced that it has received a strategic round of investment from India's CoinDCX Ventures. The amount is unknown. However, its chief operating officer Arjun Arora said the funding was realized through a Simple Future Token Protocol (SAFT) with a valuation of $200 million. In November of last year, Laser Digital, a crypto subsidiary of the banking giant Nomura Securities, announced an investment in Orderly Network at a valuation of $200 million. Orderly Network was incubated by Near and Woo Network in 2021. It mainly provides infrastructure for spot order book transactions. The main network was launched in October last year.

1243d agoBTC2025NB#CoinDCX Ventures #Orderly Network

CoinDCX Ventures will deploy around $6 million in 2023, focusing on investing in the “decentralized finance” sector

Comparatively, CoinDCX Ventures, the investment arm of the Indian cryptocurrency exchange CoinDCX, announced that it will deploy 500 million rupees (about US$6.05 million) in 2023 to invest in cryptographic verticals such as scalable platforms, developer tools, and DeFi, with the aim of promoting Web3 adoption and innovation. Rohit Jain, managing director of CoinDCX Ventures, said he is very optimistic about the Defi field and believes that Defi still has a lot of room for innovation. Additionally, CoinDCX Ventures will also look to invest in startups that provide a simpler user experience similar to the Web2 platform on the Web3 platform.

1335d agoBTC2025NB#CoinDCX

Crypto exchange CoinDCX announces Rs 1 billion fund to invest in Web3 startups

Comparatively, according to businessline reports, Indian cryptocurrency exchange CoinDCX has launched an investment division CoinDCX Ventures to invest 1 billion rupees (about $13 million) in early-stage cryptocurrency and blockchain startups over the next 12 months. The fund will focus on seed and Series A investments, but with flexible licensing. In terms of sectors, the fund will focus on five sectors: investment infrastructure, investment products (DeFi/CeFi), infrastructure layer development, development tools, and Web3 applications.

1565d agozeqi#WEB3

Web 3 game draws MetaEngine to close $4 million seed round led by Lemniscap and Jump Crypto

In comparison, Web3 gaming platform MetaEngine announced today that it has raised $4 million in seed funding in a round led by Lemniscap and Jump Crypto, with Polygon Studios, Insignius Capital, Future Fund, CoinDCX Ventures, and Efficient Frontier participating. MetaEngine CEO and co-founder Alex Shalash said the company is using the funding to become “the core of the future virtual world experience.” MetaEngine will be a platform to help GameFi developers enter this field with tools that can build gaming experiences in the metaverse. Shalahs said MetaEngine was built on the Polygon network because of its efficiency and low gas fees. He said the company's long-term goal is to provide multi-chain solutions in other well-known networks.

1632d agoamyliu19#MetaEngine #Web 3 #financing
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