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Masa raised $3.5 million in a pre-seed round in 2022, and the seed funding brings the total to $9.2 million. Masa will use these funds to build its decentralised zk network for personal data on Avalanche. Masa Network, a platform building a zero-knowledge (zk) data network and marketplace, has raised $5.4 million in its seed round, according to an  announcement on Tuesday, January 23. Anagram, a venture capital platform co-founded by Lily Liu (Solana Foundation President) and Joe Eagan (former Polychain President), led the seed round. Other participants include Digital Currency Group, Avalanche Blizzard Fund, GoldenTree, and OP Crypto among others. The seed round adds to the $3.5 million Masa raised in a pre-seed funding round closed in 2022. With this funding, the platform has now raised a total of $9.2 million. Masa plans to use the new capital injection to build its decentralized network for personal data, which it dubs a “decentralized G...

A16z is leading Dynamic Labs’ $13.5 million series A round, as the web3 authenticator platform streamlines wallet access and ensures web3 login accessibility.  The funding round also included participation from Founders Fund, Castle Island Ventures, Breyer Capital, Nikil Viswanathan, and Joe Lau from Alchemy. Enhancing accessibility Dynamic Labs revealed the funds raised would be instrumental in advancing its support for Web3 builders striving to enhance accessibility in the industry by integrating embedded or branded wallets and promoting digital ownership inclusivity. You might also like: Annual a16z report spotlights crypto policy Dynamic Labs provides a range of tools designed to assist developers in creating web3 login experiences accessible to users of all levels of crypto expertise. The multi-chain platform accommodates six chains: EVM, Solana, Starknet, Algorand, Cosmos, and Flow. Per a blog post released by Dynamic, over 1.6 million unique users across t...

Futureverse, a firm leveraging AI and metaverse technology for the gaming industry, has completed a $54 million series A funding round joined by Ripple. The funding round was led by 10T Holdings, an equity fund specializing in late-stage investments. Crypto payment solutions provider Ripple also participated in the funding round , further endorsing the company’s vision. We are incredibly excited to announce that we’ve closed our $54M Series A round led by @10Tfund, with participation from @Ripple to scale our AI and metaverse technologies. pic.twitter.com/zOUI65c2X8 — Futureverse (@futureverse) July 18, 2023 Scaling AI and metaverse tech Futureverse is aimed to drive initiatives to expand AI and metaverse technologies on a grand scale. It aspires to transform the metaverse from a concept into a practical, accessible, and interactive destination for users. The company envisions becoming the world’s leading provider of metaverse AI technology, acting as a l...