How Much Did Carv Raise?
Funding & Key Investors

Carv, a prominent player in the data infrastructure for gaming and AI, has secured significant enterprise-level funding, with its total capital raised standing at $14M. The company recently announced an undisclosed amount in its latest funding round, underscoring continued investor confidence in its innovative approach to data privacy, ownership, and control within the digital realm. This latest investment follows a substantial Series A round, signaling a period of accelerated growth and development for the protocol.

What is Carv?

Carv
SoftwareDatabase & File Management SoftwareSecurity Software

CARV Protocol is architecting a modular data layer specifically designed for the gaming and AI sectors. Its core mission is to revolutionize how data is utilized and shared by placing privacy, ownership, and individual control at the forefront. By pioneering this user-centric data model, CARV aims to create a future where data inherently generates value for all participants, fostering a more equitable and transparent digital economy. The company's focus on empowering individuals with control over their digital assets positions it as a key innovator in the evolving Web3 landscape.

How much funding has Carv raised?

Carv has raised a total of $14M across 2 funding rounds:

2022

Angel/Seed

$4M

2024

Series A

$10M

Angel/Seed (2022): $4M with participation from Infinity Ventures Crypto (IVC, Evos, YGG SEA, snackclub., and Vertex

Series A (2024): $10M led by OKX, IOSG Ventures, Arweave, ConsenSys, Draper Dragon, LiquidX, Tribe Capital, and Fenbushi Capital

Key Investors in Carv

OKX

OKX is a prominent cryptocurrency exchange and platform, indicating a strategic interest in the digital asset and blockchain infrastructure space where Carv operates.

IOSG Ventures

IOSG Ventures is a research-driven investment fund focused on Web3, supporting early-stage founders in creating community-friendly protocols, aligning with Carv's mission to revolutionize data sharing.

Arweave

Arweave provides a permaweb solution for permanent data storage, suggesting a synergistic relationship with Carv's focus on data ownership and longevity within the decentralized web.

What's next for Carv?

The substantial enterprise-level funding positions Carv to significantly scale its operations and further develop its data layer technology. With a clear focus on enhancing data privacy and user ownership, the company is poised to capture a larger share of the burgeoning gaming and AI markets. Future strategic initiatives will likely involve expanding its ecosystem partnerships, enhancing its protocol's capabilities, and driving broader adoption among developers and users seeking a more secure and equitable data environment. This capital infusion is expected to fuel innovation and solidify Carv's position as a leader in decentralized data solutions.

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Frequently Asked Questions Regarding Carv Financial Insights

What are the most recent funding rounds that Carv has completed, and what were the funding rounds?
Carv has recently completed 2 funding rounds: Series A on Apr 30, 2024, Angel/Seed on Nov 22, 2022.
What is the total amount of funding Carv has raised to date?
Carv has raised a total of $14M in funding to date.
How many funding rounds has Carv completed?
Carv has completed 2 funding rounds.
How much funding did Carv raise in its most recent funding round?
Carv raised $10M in its most recent funding round.
Who are the lead investors in Carv's latest funding round?
The lead investor in Carv's latest funding round was OKX. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in Carv's history?
The largest funding round in Carv's history was $10M.
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