Verida raised $5 million in a seed funding round that included participation from O-DE Capital Partners, ChaiTech Ventures and Simurg Labs to protect user data amid rise in generative AI.
Amount Raised
$5 Million
Round Type
Seed
SydneySoftwareInvestors
Description
Verida has raised $5 million in a seed funding round to protect user data amid the rise in generative AI. The funding round included participation from O-DE Capital Partners, ChaiTech Ventures and Simurg Labs, among other investors.
Quick answer
Verida raised $5 Million in a Seed round, dated June 24, 2024. Investors: Simurg Labs, Chai Tech Ventures and O De Capital Partners. Verida is based in Sydney, New South Wales, Australia.
- How much did Verida raise?
- Verida raised $5 Million in a Seed round on June 24, 2024.
- Who invested in Verida?
- Simurg Labs, Chai Tech Ventures and O De Capital Partners are named as investors in this round.
- What does Verida do?
- A multi-chain protocol for interoperable database storage and messaging built on decentralized identity.
- Where is Verida based and how big is it?
- Verida is based in Sydney, New South Wales, Australia. Fundz records about 30 employees.
- Who are the decision-makers at Verida?
- Fundz holds 1 contact at Verida. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Software around the same time
Companies in the same sectors as Verida that raised within 45 days of this round, from Fundz verified event records.
- Octane raised $50M (Series E) on August 8, 2024.
- Rotonium raised $1.1M (Seed) on August 8, 2024.
- OW Smell Made Digital raised $2.8M (Pre-Series A) on August 8, 2024.
- Opal raised $60M (Funding Round) on August 8, 2024.
- Anduril raised $1.5B (Series F) on August 8, 2024.
- Skillfully raised $2.5M (Seed) on August 8, 2024.
Who to call at Verida, and when
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Related People
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