According to ChainCatcher, regulatory risk management AI platform Abstract has completed a $4.8 million financing round led by blockchain venture capital firms Communitas Capital and Bonfire Ventures.

The new funds will be used to build an AI intelligence platform to provide real-time analysis of proposed and existing government policies and regulations.

Communitas Capital’s portfolio also includes companies such as AbbeyCross, Tweed, Finery Markets and Coin Metrics.