Venice, the AI platform behind the VVV token, secured $65 million in a Series A funding round led by Dragonfly, valuing the company at $1 billion. This first external capital raise prioritized equity over its VVV token, sparking a market debate about whether equity holders or VVV token holders will capture most of the platform's future value.
Robinhood launched its "AI-native" Ethereum Layer-2, Robinhood Chain, enabling tokenized stocks for DeFi. Venice AI secured $65M at a $1B valuation, becoming a unicorn. Crypto majors saw significant gains, with SOL up 10%.
Venice AI, founded by Erik Voorhees, has secured $65 million in Series A funding, reaching a $1 billion valuation. The company focuses on privacy-preserving AI interactions, offering a proxy to obscure user data from AI models and plans to use the capital to expand infrastructure and customer base.
Venice AI, a privacy-focused AI chatbot alternative, has raised $65 million in its first outside funding round, achieving a $1 billion valuation. The funding, led by Dragonfly, will support the expansion of its platform and its mission to provide uncensored AI access.
Venice AI, a platform offering private access to over 200 AI models, has raised $65 million in a Series A funding round, reaching a $1 billion valuation. The company, led by crypto advocate Erik Voorhees, focuses on user privacy and "uncensored" AI experiences, attracting over 3 million active users and generating over $70 million in annualized revenue.
