Nov. 2: Toposware, a specialist in the technology of zero-knowledge cryptography, announced the completion of a $5 million strategic seed extension round. “This latest funding round was purposefully constructed to bring key VCs and industry leaders on board with direct experience in building global standards, scaling ubiquitous products to massive market share, and aligning access and utility within target market sectors,” according to a press release. Investors included Evolution Equity Partners, Triatomic Capital, K2 Access Fund and Polygon co-founder Sandeep Nailwal.
Protocol Village is a regular feature of The Protocol, our weekly newsletter exploring the tech behind crypto, one block at a time. Sign up here to get it in your inbox every Wednesday. Project teams can submit updates here. For previous versions of Protocol Village, please go here.
Nov. 2: Io.net, a decentralized computing network for AI startups, is announcing this week the beta launch of what it describes as the world’s largest decentralized AI compute cloud. According to a press release, the announcement will be made at the main stage of Solana’s Breakpoint conference in Amsterdam.