According to TechFlow, the infrastructure Glacier Network announced that it has successfully obtained US$8 million in angel and seed round financing, and the project's valuation has reached US$100 million.
Investors participating in this round of financing include ForesightX, UOB Venture Management, Laser Digital, Kucoin Ventures, Signum Capital, Cogitent Ventures, Gate Labs, Candaq Fintech Group, Open Digital Infrastructure Group, Mask Network, Dewhales Captial, DCI Capital, Polkastarter, Founderheads VC, Contribution Capital and Aza ventures.
Additionally, Glacier has received funding from PermaDAO in the Arweave ecosystem, Boundless Hackathon Stanford, Berkeley Blockchain Xcelerator, ForesightX Accelerator Cohort, and Aptos Grant Dao.
It is reported that Glacier Network is building a programmable, modular and scalable blockchain infrastructure for storing, indexing and querying data and enhancing AI on a large scale. Glacier implements verifiable computing through GlacierAI, GlacierDB and GlacierDA.