Airstack Raises $7MN For AI-Backed Platform
Airstack, a Web3 developer platform, closed the second part of a pre-seed fundraising round that was headed by Superscrypt, bringing in over $7 million total. The firm makes it possible for programmers to access and use cross-chain data using natural language requests supported by artificial intelligence (AI), a controversial but growingly popular technology in the cryptocurrency industry.
Since its launch in April, Airstack has attracted more than 200 developers, who have successfully used the platform for projects ranging from marketing engines to decentralised social and messaging applications, portfolio optimizers for decentralised finance (DeFi), tools for customer resource management, and marketing platforms.
In the third quarter of 2022, the first half of the funding cycle came to an end, with Polygon among the backers. Hashed Emergent, NGC, Primal Capital, UOB Ventures, and Signum Capital, among others, also were investors.
(With inputs from Shikha Singh)
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