According to BlockBeats, on October 24, Web3 data flow and infrastructure company Validation Cloud announced it has secured $10 million in funding from True Global Ventures. The company plans to use this investment to expand its AI products and achieve seamless access to Web3 data.

Previously, on February 27, Validation Cloud reported completing its first round of external financing, raising $5.8 million. This round was led by Cadenza Ventures, with participation from Blockchain Founders Fund, Bloccelerate, and others. Validation Cloud has developed a proprietary system architecture that includes several significant breakthroughs in Web3. It is a fast, scalable, and intelligent global platform that provides users with staking, node APIs, and data services.