AI and Blockchain Intersect

Nov 10, 2023 • 3 Min Read

Weekly Recap

Funding jumped $71 million from last week’s lackluster $30 million to total $101 million for the week. The deal count increased to 17, with 13 deals focused on seed-stage companies. Infrastructure remains the most popular category, although investors seem to be honing in on blockchain applications outside digital assets. The second largest deal of the week, Ingonyama, raised $20 million to develop next-generation semiconductors that leverage cryptography. Ritual, our deal of the week, raised a leading $25 million to design a decentralized AI compute network, aiming to compete wit...

Unlock this article with a FREE 30-Day Trial!

An FSI Pro, or FSI Crypto subscription is required in order to access this content.

*Free trial available only on a monthly plan

Get invaluable analysis of the market and stocks. Cancel at any time. Start Free Trial

Articles Read 2/2

Keep reading by starting your Free Trial today!

You are reading the last free article.

Already have an account? Sign In