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Posted on Sep 06, 2023Read on Mirror.xyz

🚀veDAO Financing Daily News 09/07/2023

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

【1】Story Protocol

Amount: $25 million

Stages: Series A

Date: September 06

Investors: a16z Crypto

Category: Franchise IPs, Social, Creator Economy

Description: Story Protocol is building web3 technology to revolutionize how narrative universes are created. Story Protocol's mission is to unleash an entirely new way to create, govern, and license IP on-chain, ultimately forming an ecosystem of “story legos” that can be remixed and composed. Story Protocol provides a streamlined framework to manage the entire lifecycle of IP development, enabling features like provenance tracking, frictionless licensing and revenue sharing. Made for creators across all media – prose, images, gaming, audio and more – applications built on Story Protocol give writers and artists the ability to track their work's provenance, allowing anyone to contribute and remix while capturing the value of their contributions.

Additions: Story Protocol raised $ 29.3 M in funding round on May 17,2023

Website:https://www.storyprotocol.xyz/

Twitter:https://twitter.com/StoryProtocol

【2】Socket

Amount: $5 million

Stages: Strategic Financing

Date: September 06

Investors: Coinbase Ventures, Framework Ventures

Category: Infrastructure, Cross-chain communication

Description: Socket is an interoperability protocol for secure and efficient data and asset transfers across chains. It is not a bridge or a cross-chain application; rather, it is an infrastructure that enables developers to build these things easily. Developers can use Socket to construct applications with interoperability as a fundamental part of their app infrastructure.

Additions: Socket raised $ 2 M in Pre-Seed round on July 27, 2022;Socket raised $ 5 M in Seed round on March 10, 2022

Website:https://socket.tech/

Twitter:https://twitter.com/Socketdottech

【3】Trident Digital Group

Amount: $8 million

Stages: Seed round

Date: September 07

Investors: White Star Capital, New Form Capital, CMT Digital, Permit Ventures, Joint Effects

Category: CeFi, Lending

Description: Trident Digital is a crypto lending company that minimizes counterparty exposure, provide additional security to lenders, and address capital constraints of borrowers. It also provides a high-yield product that is secured with US Treasuries and linked to the risk-free rate.

Website:https://www.tridig.io/

【4】Freename

Amount: $2.5 million

Stages: Seed round

Date: September 05

Investors: Sparkle Ventures, Blockchain Founders Fund, Golden Record Ventures, Abalone Asset Management

Category: CeFi, Lending

Description: Freename is the leading Web3 TLDs and Domains platform where users can register and mint their own Web3 Top Level Domains (TLDs) and Second Level Domains (SLDs). Everyone can also get Royalties and become a Registrar. Furthermore, on Freename, users can trademark their Web3 TLDs and Domains to protect their own Web3 Identity worldwide.

Website:https://linktr.ee/freenameio/

Twitter:https://twitter.com/freenameio

【5】Gleen

Amount: $4.9 million

Stages: Undisclosed

Date: September 05

Investors: Slow Ventures, 6th Man Ventures, South Park Commons, The Spartan Group, Script Capital, CoinShares, Krust Group

Category: Artificial Intelligence

Description: Gleen AI is the world's most accurate and capable generative AI for customer success teams. The generative AI doesn't hallucinate, can be deployed in less than 2 hours, integrates with leading help desk solutions, goes beyond simply answering questions by taking actions, and automatically unifies across fragmented knowledge.

Website:https://gleen.ai/

Twitter:https://twitter.com/gleenai

【6】ReadON

Amount: Undisclosed

Stages: Undisclosed

Date: September 05

Investors: Skyland Ventures

Category: Artificial Intelligence, Web3

Description: ReadON is a decentralized content distribution platform that has created an incentive mechanism for consumers, curators, and creators, along with a unique Topic-bound NFT design. ReadON seeks to help users efficiently and freely access quality content, break information silos and explore a real new world.ReadON was the only project to win the Community Choice Award during the Solana Riptide Global Hackathon held in April 2022. The public beta of ReadON’s mobile application will release this September.

Website:https://readon.me/

Twitter:https://twitter.com/ReadOnMe3

About veDAO

veDAO is an AI-powered Web3 investment decision platform that utilizes sentiment indicators and on-chain/off-chain metrics for big data analysis, uncovering trends and accurately capturing Alpha. By creating AI advisors, it assists users in making efficient investment decisions.

Website: https://app.vedao.com/

Twitter: https://twitter.com/vedao_official

Telegram: https://t.me/veDAO_EN

Discord: https://discord.gg/NEmEyrWfjV

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