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Investors Bullish on AI-Blockchain Startups in Latest VC Roundup

The first signs of recovery came in the final quarter of 2023 when operating cash flow reached $1.9 billion, up to 2.5% from the previous quarter, when for the first time since early 2022 investment in crypto-startups increased.

The growing development of solutions that combine artificial intelligence and blockchain technology to attract investors, as well as targeted products for institutional investors to join the crypto space.

Utila raises $11.5M in seed money for the institutional wallet

Venture-focused wallet provider Utila has raised $11.5 million in seed funding from NFX, Wing VC, and Framework Ventures, and angel investors Balaji Srinivasan, Charlie Songhurst, and Surojit Chatterjee's Aasit startup offers a self-storage wallet platform for institutional investors in a range of chains a Bitcoin, Ethereum and Solana included.

Synnax raises $1M in upfront funding for digital asset loan announcement

Synnax has secured a $1 million pre-seed funding round for a credit intelligence platform focused on rating standards in the digital asset industry. No Limit Holdings led the financing process. The capital injection is planned to be Synnax’s platform, which aims to provide adequate lending standards to help transition from traditional personal loan markets to blockchain technology.

Sahara raises $6M seed round for decentralized AI network

Sahara received a $6 million seed funding round led by Polychain Capital and joins Samsung Next, Matrix Partners, Motherson Group, dao5, GeekCartle, and Canonical Crypto, with Sandeep Nailwal of Polygon also an angel investor in which he is focused on developing decentralized AI interfaces. The startup facilitates the creation of knowledge applications (KAs), which can independently search for external and internal proprietary content.

TON Foundation is raising $8M in funding from Mirana Ventures

Mirana Ventures has purchased $8 million worth of Toncoin, the founder of The Open Network (TON), a blockchain project launched by Telegram's team in 2019. The investment is a partnership between the TON Foundation, Bybit, and Mantle Network half of the interval. Bybit has added Toncoin to its offerings, including bet rewards and cashback.

UXLINK Web3 closes $10M funding for social media

Web3 social platform UXLINK raised nearly $10 million in funding from multiple investors including OKX Ventures, Web3Port Foundation, and many others spanning North America, Asia, and the Middle East UXLINK which is a new social network platform.

TEN is raising $9M from fundraising partnership R3

Ethereum layer 2 network TEN has raised $9 million in a funding round led by investment partnership R3 with additional backing from Republic Crypto, KuCoin Labs, Big Brain Capital, DWF Labs, and Magnus Capital.

Conclusion: The VC roundup highlights the growing interest in AI-blockchain solutions among investors looking for high-impact, potentially disruptive opportunities. With innovative startups leading the charge, the convergence of AI and blockchain is poised to redefine the industry, reshape markets, and open up new possibilities in the digital economy.