Published 08/29/2024 2:14:21 p.m.

Polygon Ventures and Amber Group Co-Lead $20M Funding Round for Edge Matrix Chain

Summary by CryptoPanic

The fundraising also attracted participation from One Comma, Cyberrock Venture Fund, Candaq Fintech Group, and Hameem Raees Chowdhury, among others.

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CryptoPanic

Polygon Ventures and Amber Group Co-Lead $20M Funding Round for Edge Matrix Chain

The fundraising also attracted participation from One Comma, Cyberrock Venture Fund, Candaq Fintech Group, and Hameem Raees Chowdhury, among others.

08/29/2024 2:14:21 p.m.

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NFTgators

Polygon Ventures and Amber Group Co-Lead $20M Funding Round for Edge Matrix Chain

Quick take: The company plans to use the fresh capital to accelerate the launch of its layer-1 blockchain for AI apps. Edge Matrix Chain is also setting aside $5 million in rewards to be distributed via an incentive program. The company aims to create a new class DeFi asset class backed by tokenised real-world GPU by scaling and supporting GPU compute for crypto AI projects. Edge Matrix Chain (EMC), a layer-1 blockchain focused on powering AI …

08/29/2024 2:14:21 p.m.

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Polygon Ventures and Amber Group Co-Lead $20M Funding Round for Edge Matrix Chain

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Polygon Ventures and Amber Group Co-Lead $20M Funding Round for Edge Matrix Chain

Polygon Ventures and Amber Group Co-Lead $20M Funding Round for Edge Matrix Chain

Polygon Ventures and Amber Group Co-Lead $20M Funding Round for Edge Matrix Chain

Polygon Ventures and Amber Group Co-Lead $20M Funding Round for Edge Matrix Chain

Coverage Details

Bias Distribution

Ownership

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