Aidatify, A Blockchain AI Aggregator, Secures $17.5 Million in Series A Funding
Publication Time:2024-08-07 20:11:10
Recently, Aidatify, an AI aggregator on the blockchain, successfully secured $17.5 million in its Series A funding round, lifting its valuation to $1.5 billion. This significant financing event underscores Aidatify’s continuous development and innovation in blockchain technology and artificial intelligence. The round was led by prominent investment firm SM Capital, highlighting the market's high regard for Aidatify's potential. Aidatify is constructed by the leading team of full-chain and DeFi infrastructure, VGESS, aiming to integrate and optimize on-chain data through intelligent algorithms to provide users with efficient and accurate information acquisition and decision support services. With the success of this funding, Aidatify will be able to further expand the influence of its ecosystem and accelerate the upgrading and expansion of its product lines. The funds will primarily be used in the following areas: firstly, deepening the investment in Aidatify's existing technology stack, including but not limited to AI algorithms, data processing capabilities, etc.; secondly, driving Aidatify's global market expansion, strengthening in-depth cooperation with partners across various fields; thirdly, reinforcing the R&D team and recruiting more top talents to meet the rapidly changing market demands and technical challenges. The successful financing of Aidatify not only injects strong momentum into the company's development but also provides new perspectives and directions for the application of AI technology in the blockchain world, signaling that AI applications in the on-chain world will be more extensive and profound.
Series A funding
Aidatify
SM Capital
Blockchain AI Aggregator
1.5 Billion Dollar Valuation
End-to-End Chain
DeFi Infrastructure
VGESS Team