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DePIN developer Verida completes $5 million seed round of financing, with participation from Simurg Labs and others
2024-06-22 04:44
Odaily News DePIN network developer Verida has completed a $5 million seed round of financing, with participation from O-DE Capital Partners, ChaiTech Ventures, Simurg Labs, Gate Labs, HASH CIB, Bison Capital, Amesten Capital and Evan Cheng of Mysten Labs. The post-investment valuation is $50 million. It is reported that the new funds will be used to develop Verida's personal data storage infrastructure and provide decentralized storage and encryption services for users' personal information. (TheBlock)
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