TechFlow, Dec 5 — According to Decrypt, DeepNode has successfully raised a total of $5 million in funding, comprising a $2 million seed round at a $25 million valuation and a $3 million strategic round at a $75 million valuation. The seed round saw participation from community members, including key network validators WildSageLabs from RoundTable21 and Rizzo from DNA, as well as support from infrastructure partner Gateway.FM.
The strategic round was co-led by a group of Web3 and AI infrastructure investors, including Blockchain Founders Fund, Side Door Ventures, TBV, IOBC Capital, Fomo Ventures, and Nestoris.
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