Validation Cloud Secures $10M in Funding to Expand AI

Validation Cloud, a Zug Switzerland based company dealing with Web3 data and AI, secured $10 million in this round of funding. The investment was done by True Global Ventures, and the company plans to invest the fund into enhancing the AI-driven platform that gives easy access to web3 data and promotes better user experience across network ecosystems and applications.

Validation Cloud is one of the companies which works on the frontier solutions of decentralized Web3 ecosystem, with Alex Nwaka as founder and CEO. It offers a product portfolio in staking and node management and serves data-as-a-service requirements to meet the growing needs of Web3 networks, dApps, and enterprises. Designed with performance, scalability, and compliance, including SOC2 Type 2 certification, users can be secure in relying on these services for their Web3 activities.

These three core components – staking, node API, and data & AI services – are the main offerings of this platform. These three strands together empower Web3 companies to thrive by providing required infrastructure, power efficient operation, scalable development, and access to critical data insights. The company’s solutions have already gained the trust of some key players in the Web3 space, including Chainlink, Aptos, Consensys, Stellar, and Hedera. They assist in stake operations management, node performance optimization, and access to beneficial blockchain data.

Validation Cloud, a startup that successfully completed its February 2024 raise with San Francisco-based Cadenza Ventures alongside additional investors including Blockwall, Bloccelerate, Side Door Ventures, GS Futures, AP Capital, Blockchain Founders Fund, and Metamatic – has been cleared for another $10 million worth of funds to continue pushing the development of its AI and data solutions for the blooming Web3 ecosystem.

Validation Cloud’s AI-based products are designed to help in upgrading user interaction with Web3 networks and applications by making data readily accessible and offering insights from decentralized systems. Looking ahead, as the demand for Web3 technology grows, it puts this all-around platform in a comfortable position that will allow businesses and organizations to integrate decentralized technologies into the rhythms of their operations.

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