What is CERE Network?
CERE Network is at the forefront of providing decentralized data infrastructures tailored for the AI data era. The company empowers web3 and AI applications with secure and sovereign data automation solutions. Their offerings cater to content publishers and game developers, enabling efficient real-time data handling and analysis, even on edge devices. The ecosystem is governed by the $CERE token, fostering transparency and collective decision-making through the Cere Network DAO. CERE Network's commitment to true data decentralization facilitates innovative user and developer engagement, including advancements in 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 NGC Ventures, Alan Braverman, Will Wang, Monday Capital Partners, Kosmos Capital, Taiyang Zhang, Kenetic, Republic Labs, LD Capital, Alphabit, Brad Bao, BlockVC, Fenbushi Capital, Arrington XRP Capital, Binance Labs, and Pre Angel Fund
Unspecified (2020): $1.5M led by Kinetic Capital Company Limited, Arrington XRP Capital, Monday Capital, AU21 Capital, and QCP Capital Pte Ltd
Unspecified (2021): $31M supported by Republic and Polygon
Key Investors in CERE Network
Republic
Republic is a digital platform that democratizes access to alternative investments, including private equity, real estate, and venture capital. They enable a broad range of investors to participate in funding rounds for startups and established companies, fostering innovation and growth across various industries.
Polygon
Polygon is a prominent blockchain scaling solution provider, focused on enhancing the capabilities of Ethereum. Their technology enables faster, cheaper, and more secure transactions, supporting a wide array of decentralized applications and fostering the growth of the Web3 ecosystem.
NGC Ventures
NGC Ventures is an early-stage venture capital fund specializing in blockchain technology and infrastructure since 2017. They provide strategic support and insights to promising projects in the decentralized space, aiming to back visionary teams developing next-generation technologies.
What's next for CERE Network?
The recent major strategic investment in CERE Network signals a strong validation of its technological advancements and market positioning. This capital infusion is expected to accelerate the development and deployment of its decentralized data infrastructure solutions, further solidifying its presence in the AI and web3 sectors. The company is poised to expand its reach, enhance its platform capabilities, and foster greater community participation within the Cere Network DAO, driving innovation in decentralized data management and application development.
See full CERE Network company page
