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Vana, a network focused on user-owned data, has secured $25 million in funding to advance its mission of creating a network for user-owned AI and overcoming data limitations faced by researchers. The funding round was led by Coinbase Ventures with a $5 million strategic investment, alongside contributions from Paradigm, which provided $18 million in Series A funding, and Polychain Capital, which contributed $2 million in seed funding. Other notable backers include MH Ventures, GSR, and DeFiance Capital. Vana aims to unlock data from walled gardens through the power of data DAOs, addressing the 'Data Wall' challenge that AI developers face.
Quick Funding Breakdown: - $5M Strategic Round with @cbventures (closed last week) - $18M Series A with @paradigm - $2M Seed led by @polychaincap ($25M in total). Want to be eligibile for the $VANA airdrop? You should complete quests and farm points in their TG bot: -… https://t.co/ZX3mKWXXwH
⚡ Vana: a new tier-1 project Today, the project announced the closing of a $25M investment round from Paradigm and others Pre-mine your data and earn points (Telegram mini-app), join testnet, and run a node. A quick guideline on how to interact 👇 About Vana: @withvana is… https://t.co/KaU9ftTexL
Congratulations on @withvana for this insane $25 MILLION fundraising. They onboarded Coinbase Ventures, Paradigm & Polychain Insane what they've already managed to achieve. Much more to come. https://t.co/achepHEUCD
