🚀 **Crypto Funding Frenzy!** 🚀
This week, two web3 startups have collectively raised over $10 million in venture capital!
**Hyperbolic Raises $7M**
- Hyperbolic, a blockchain-based AI project, secured $7M in seed funding.
- Aims to build an open-access AI cloud platform.
- Led by Polychain Capital and Lightspeed Faction, with notable angel investors like former Coinbase CTO Balaji Srinivasan.
- Funds to develop AI inference service and expand the team.
**Mintify Raises $3.4M**
- NFT startup Mintify raised $3.4M to enhance NFT trading infrastructure.
- Led by ARCA, Cumberland, and others.
- Supports ETH and layer-2 networks; plans to expand to Bitcoin's Ordinals.
- Total funds raised now $5M.
💬 What do you think about these investments? Share your thoughts below!