TechFlow news, January 9 — According to The Block, Rena Labs, a privacy computing infrastructure project built on the Initia ecosystem, has raised $3.3 million in Pre-seed funding led by Paper Ventures, with participation from Lightspeed Faction, Eterna Capital, Lyrik Ventures, Mapleblock Capital, Selini Capital, and Keyrock.
Rena Labs plans to use the funds to expand its development team and advance TrustEE, its data application chain based on Trusted Execution Environments (TEE). Built on Initia’s interoperable technology stack and Celestia, TrustEE will deliver verifiable and privacy-preserving AI solutions for various blockchains. As a member of the Movement Labs Collective program, Rena Labs will provide TrustEE technical support to the Movement chain and its ecosystem projects such as Vomeus, helping build an autonomous and controllable AI ecosystem.
