ChainCatcher news, the decentralized AI network Fortytwo has announced the completion of a $2.3 million Pre-Seed funding round, led by Big Brain Holdings, with participation from CMT Digital, Escape Velocity Ventures (EV3), Chorus One, Mentat Group, and angel investors including Santiago R Santos, Keone Hon, Paul Taylor, and Comfy Capital.According to the Web3 asset data platform RootData, Fortytwo is a multi-agent AI protocol designed to unleash scalable and efficient intelligence to meet the global demand for AI. In this system, nodes validate and construct responses from one another, forming a collective intelligence that is more efficient and can surpass the accuracy of centralized AI models, while the cost is only a fraction of the latter.

ChainCatcher news, FrodoBots Lab announced the completion of a $6 million seed round financing, bringing the total funding to $8 million in preparation for the upcoming Embodied AI research network BitRobot.This round of financing was led by Protocol VC, with participation from Big Brain Holdings, Fabric Ventures, Zee Prime Capital, Tioga Capital, Sfermion, Solana Ventures, Virtuals Protocol, and angel investors including Solana Labs co-founders Anatoly Yakovenko and Raj Gokal. Additionally, eight founders of DePIN projects such as Aethir and Gensyn also participated in the investment.

ChainCatcher news, Big Brain Holdings stated on social media that it invested in the ZigZag Exchange project in 2022, resulting in financial losses. Some former founders of the project are now members of the ZKasino project team. Big Brain Holdings stated that it has never invested in ZKasino and has neither received nor will accept its token distribution.ChainCatcher previously reported that the Web3 entertainment platform ZKasino announced the completion of its Series A financing with a valuation of $350 million, with participation from MEXC, Big Brain Holdings, Trading_axe, Pentoshi, and Sisyphus.

ChainCatcher news, according to Cointelegraph, the account abstraction application Plena has completed a $5 million financing round, with participation from Big Brain Holdings, DeWhale, GBV, WebWise, Galxe, Normie Ventures, FounderHeads, and others.In addition, Plena also announced a collaboration with DAO Maker, Chain GPT, Decubate, AI Tech, and Viction Chain by Coin98 to conduct the largest airdrop event, distributing 2% of its total supply before the listing.

According to ChainCatcher news, the official announcement states that the Web3 social simulation game Today has completed a $5 million seed round financing, led by Sfermion and Big Brain Holdings, with participation from GSR, Collab+Currency, Lingfeng Innovation Fund, Compute Ventures, Builder Capital, Tommy Tran, Metavest Capital, 32 Bit Ventures, Dingaling, Grail, and Spirit DAO. This round of financing will be used to further develop its generative AI-based smart NPCs and no-code creator tools.

ChainCatcher news, the cross-chain DeFi protocol Entangle announced the completion of a $4 million seed and private round financing, with participation from institutions such as Big Brain Holdings, Launch Code Capital, LBank Labs, Skynet EGLD Capital, Cogitent Ventures, Owl Ventures, Faculty Group, and Seier Capital.

ChainCatcher news, according to Yahoo Finance, the Cosmos modular multi-chain token issuance platform Eclipse Fi has completed a $1.9 million financing round, with participation from Big Brain Holdings, Rarestone Capital, Momentum 6, NxGen, Crypto Banter, Cogitent Ventures, Token Metrics, Kyros Ventures, Faculty Group, Master Ventures, Ivan on Tech, Brian D Evans, Danish Chaundry, and Gainzy.Eclipse aims to address the cross-chain user experience and sustainability issues of Launchpad through features such as smart accounts and cross-chain architecture. The project announced the ECLIP token economic model and initial circulating supply earlier this month, and Eclipse is committed to deep ecosystem development, focusing on the Cosmos ecosystem based on the Neutron blockchain.

ChainCatcher news, the blockchain XPLA focused on Web3 games, announced that it has received strategic investments from Big Brain Holdings, Play Ventures, and IVC (Infinity Ventures Crypto). (Source link)

ChainCatcher news, modular blockchain Dymension has completed a $6.7 million seed round financing, led by Big Brain Holdings and Stratos, with participation from Matchbox DAO, Shalom Meckenzie of DraftKings, and others.It is reported that Dymension co-founder and CEO Yishay Harel began raising funds for this round last May, and Dymension plans to continue raising approximately $20 million in new funds before the mainnet launch.Additionally, Dymension will launch its public testnet on February 15. Harel stated that Dymension will launch an incentivized testnet in the second quarter of this year and the mainnet in the third quarter. Currently, the Dymension team has 9 employees and will expand the team in the near future. (source link)