It was reported that within the first 96 hours of July, 14 different projects and companies raised a total of $207.28 million, mainly through seed rounds, token financing, and Series A financing. These include: open-source artificial intelligence (AI) development platform Sentient completing an $85 million seed round, distributed GPU network Lombard completing a $5 million seed round, Prodia receiving financing from lead investor Dragonfly Capital, blockchain startup Redstone providing oracle services and completing a $15 million Series A financing, and PiSquared and Astria raising $12.5 million each.
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