Web3Go raises $4M from Hashkey and Binance

Web3Goa project specializing in data intelligence and incubated by Binance Labshas just collected 4 million dollars.

This Wednesday, Web3Go has announced that it has completed a financing round from 4 million dollars led by Binance Labs.

📢We are thrilled to announce that Web3Go has successfully raised $4 million in seed round funding, with @BinanceLabs leading the investment and participation from @HashKey_Capital , @NGC_Ventures , @shimacapital , @ivcryptofund , @LingfengCapital , @BigBrainVC and… pic.twitter.com/Zz0G4asu2q

– Web3Go 🚀 To the DIN (@Web3Go) July 5, 2023

The startup, part of the Most Valuable Builder from Binance, has also received the backing of several major players in the sector, including Haskey’s VC branch, NGC, Archerman Capital, Big Brain Holdings and Shima Capital.

The capital will be used to accelerate the development of our revolutionary project, Web3Go DIN, which is poised to redefine the blockchain ecosystem,” proclaimed the start-up.

Alongside its fundraising, Web3Go said the company was also adopting the name ” Web3Go DIN “for Data Intelligence Network.

Its aim is to create a intelligent” blockchain network “ powered by itsAI and megadata. “This network will enable users to produce a wide range of megadata.AI-native digital assets “, Web3Go explained in a blog post, citing “transaction information feeds” or “trading strategies” as examples.

In addition to the incubator of the world’s number 1 crypto-trading company, Web3Go has also been selected by other incubation programs such as AWS Activate and Google Cloud Startup.

Its platform, due for beta release by the end of the month, already provides data and AI services to several public blockchains, according to the announcement.

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