What is CERE Network?
Cere Network operates at the intersection of artificial intelligence and distributed ledger technology, offering a robust decentralized data cloud. The platform is engineered to facilitate secure, sovereign data automation, effectively bridging the gap between traditional web applications and the decentralized web. By providing specialized infrastructure for content publishers and game developers, Cere enables high-performance, real-time data analysis on edge devices. The ecosystem is underpinned by the $CERE token, which powers the network's DAO, ensuring that governance remains transparent and community-driven. This unique architecture empowers users to maintain control over their data while participating in innovative decentralized experiences, ranging from gaming to interactive media.
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, Alphabit, Pre Angel Fund, Fenbushi Capital, Arrington XRP Capital, Binance Labs, Kenetic, Republic Labs, Brad Bao, BlockVC, and LD Capital
Unspecified (2020): $1.5M led by AU21 Capital, Kinetic Capital Company Limited, Monday Capital, Arrington XRP Capital, and QCP Capital Pte Ltd
Unspecified (2021): $31M supported by Republic and Polygon
Key Investors in CERE Network
Fenbushi Capital
Fenbushi Capital is Asia's pioneering asset management firm focused on blockchain technology, established in 2015 with an AUM of 1.6 billion. The firm has made notable early investments in Ethereum and currently supports over 300 innovative projects within the blockchain ecosystem.
Arrington XRP Capital
Arrington Capital is a thesis-driven investment firm focused on digital assets and Web3, having invested in over 200 early-stage companies in the crypto ecosystem since 2017.
NGC Ventures
NGC Ventures is an early-stage venture capital fund that has been investing in blockchain technology since 2017, focusing on infrastructure and providing insights into token design and market strategies.
What's next for CERE Network?
Looking ahead, the strategic deployment of the $31M will likely focus on deepening the network's integration with enterprise-grade AI applications. As the demand for sovereign data management grows, Cere Network is poised to capture significant market share by refining its edge-computing capabilities and expanding its developer ecosystem. The company's roadmap suggests a continued emphasis on interoperability and scalability, ensuring that its decentralized infrastructure can support the next generation of high-throughput Web3 applications. By maintaining its focus on unit economics and resilient revenue models, Cere Network is strategically aligned to emerge as a foundational layer in the future of the decentralized internet.
See full CERE Network company page
