DePIN developer Verida completes $5 million seed round
Verida, a DePIN network developer, has completed a $5 million seed round of financing with a post-investment valuation of $50 million. Participating investors include O-DE Capital Partners, ChaiTech Ventures, Simurg Labs, Gate Labs, HASH CIB, Bison Capital, Amesten Capital, and Evan Cheng from Mysten Labs. The new funds will be used to develop Verida's personal data storage infrastructure, providing decentralized storage and encryption services for user personal information.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
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