Web3 data and AI company Validation Cloud announced a $10 million financing round from True Global Ventures. The company plans to use the funds to expand its AI products and achieve seamless access to Web3 data.

Web3 data flow and infrastructure service provider Validation Cloud announced the completion of a $5.8 million financing round, led by Cadenza Ventures, with participation from Blockchain Founders Fund, Bloccelerate, Blockwall, Side Door Ventures, Metamatic, GS Futures, and AP Capital. Currently, Validation Cloud has built a proprietary system architecture to provide users with staking, node API, and data services, aiming to connect enterprise and institutional users to Web3 through a fast, scalable, and intelligent platform.