What is CERE Network?
CERE Network is at the forefront of providing decentralized data infrastructures tailored for the AI data era. Their core mission is to enable secure and sovereign data automation for both web3 and artificial intelligence applications. The platform offers specialized tools designed for content publishers and game developers, facilitating efficient real-time data handling and analysis, even on edge devices. The network's operations and governance are underpinned by the $CERE token, empowering the Cere community through a transparent and collective decision-making process via the Cere Network DAO. By championing true data decentralization, Cere Network fosters innovative user and developer engagement, paving the way for advancements in areas like decentralized gaming and music experiences.
How much funding has CERE Network raised?
CERE Network has raised a total of $36M across 3 funding rounds:
Angel/Seed
$3.5M
Unspecified
$1.5M
Unspecified
$31M
Angel/Seed (2019): $3.5M with participation from Alphabit, Will Wang, Monday Capital Partners, Kosmos Capital, Taiyang Zhang, NGC Ventures, Pre Angel Fund, Alan Braverman, LD Capital, Brad Bao, BlockVC, Kenetic, Republic Labs, Fenbushi Capital, Arrington XRP Capital, and Binance Labs
Unspecified (2020): $1.5M led by AU21 Capital, Monday Capital, QCP Capital Pte Ltd, Arrington XRP Capital, and Kinetic Capital Company Limited
Unspecified (2021): $31M supported by Polygon and Republic
Key Investors in CERE Network
Polygon
Polygon is a digital media platform focused on video game culture and entertainment, publishing news, reviews, and analysis related to gaming and interactive media. Operated by Vox Media, it engages a global audience of gamers and pop culture enthusiasts.
Republic
Republic is a platform that democratizes investing, allowing individuals to invest in startups, real estate, and other alternative assets. It aims to provide access to a diverse range of investment opportunities.
Alphabit
Alphabit specializes in investments in blockchain and distributed ledger technology projects, offering advisory services and managing one of the world's first regulated digital asset investment funds. They aim to advance the cryptocurrency space by guiding clients through market challenges.
What's next for CERE Network?
With its recent major strategic investment and a robust total funding amount of $36M, CERE Network is well-positioned for accelerated growth and innovation. The company's focus on decentralized data infrastructure for AI and web3 applications aligns with critical industry trends. Future developments are likely to center on expanding its ecosystem, enhancing its data automation tools, and further empowering its community through the DAO. The strategic backing suggests a clear path towards scaling its operations, solidifying its market presence, and potentially exploring new applications for its technology in emerging digital landscapes.
See full CERE Network company page
