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infotechlead

VC funding: QED Protocol, Mamori.xyz

Technology start-ups such as QED Protocol, Mamori.xyz, among others, have raised money through VC funding rounds to ensure innovation and business growth.

Dollar spending on technology

QED Protocol raises $6 mn

QED Protocol, the first zk-native execution layer for powering the Web3 ecosystem emerging on Bitcoin, has raised $6 million in a funding round led by Blockchain Capital.

QED Protocol will use the VC funding to unlock performance for smart contracts, layer-two solutions and a wide variety of Web3 applications.

Mamori.xyz raises $5 mn

Mamori.xyz, an automated blockchain value extraction system, has raised $5 million in seed funding to advance its revolutionizing Web3 security and optimization. The VC funding round was led by Blockchain Capital, with participation from Velocity.Capital and Web3.com.

The seed funding round saw participation from notable angel investors, including Grigore Rosu, Daniel Lubarov, Alex Watts, Bo Du, Shujia Liang, Micheal Heinrich, Richard Adjei, and Antonio Viggiano.

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