Multiverse secures $15M investment from Samsung Next, leading blockchain VCs

Cointelegraph

Published Jul 28, 2021 04:30PM ET

Updated Jul 28, 2021 06:00PM ET

Multiverse, a decentralized artificial intelligence ecosystem that funds early-stage tech companies, has secured $15 million in investments from some of blockchain’s biggest venture funds.

Samsung (KS:005930) Next, a developer ecosystem focused on AI, blockchain and fintech, was among the investors, along with Arrington XRP Capital, Huobi Ventures and Fenbushi, Multiverse announced Wednesday. With the raise, Multiverse now has an implied valuation of $250 million, making it one of the largest ecosystem developer funds at the intersection of blockchain and AI.

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