MAGNE.AI, an AI+Web3 native smart hardware project, completes $10 million in strategic financing, with participation from Castrum Capital and others.

According to Odaily, MAGNE.AI, an AI + Web 3 native smart hardware project, has secured $10 million in strategic funding from Castrum Capital, DuckDAO, TB Ventures, and Becker Ventures. The funds will be used to accelerate the development of its L1 + L2 dual-chain architecture, build native Web 3 infrastructure for mobile devices, advance the mass production and optimization of its AI + blockchain security chips, and expand its global market and ecosystem.

As an AI + Web 3 native smartphone, MAGNE.AI aims to achieve a deep integration of hardware + blockchain + AI to create a new generation of mobile-first decentralized portal.