This past week saw relatively low activity in cryptocurrency financing due to the July 4 holiday in the United States. 🇺🇸

Still, an artificial intelligence (AI) research startup called Sentient has raised an impressive $85 million in seed funding. This is an important step for Sentient, which aims to create an open AGI economy for AI developers.

Lombard, a startup dedicated to integrating Bitcoin into the decentralized finance (defi) space, has successfully raised $16 million in its seed round. Lombard's flagship product, LBTC, aims to unlock Bitcoin's liquidity and inject it into the decentralized finance ecosystem.

This week's other big winner was web3 AI firm OpenLedger, which attracted $8 million in seed funding to build its permissionless, data-driven infrastructure for AI development.

Mamori.xyz, an automated blockchain value extraction system, has raised $5 million in seed funding. Mamori.xyz aims to address security challenges in the web3 space.

Trever, an enterprise operating system provider for digital assets, has raised $2.6 million in seed funding. Trever's software provides financial institutions with infrastructure to manage digital assets.