According to Foresight News, Web3 operating system Fountain announced the completion of a US$3.5 million seed round of financing, with participation from institutions such as Foundation Capital, Caladan, Primal Capital, Druid Ventures, United Overseas Bank (UOB), NGC Ventures, Marin Ventures, Blockchain Founders Fund, and angel investors such as Celo co-founder and president Rene Reinsberg and Anchorage Digital co-founder and CEO Nathan McCauley.