Masa Network Raises $5.4 Million in Its Seed Stage.

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Masa increases its capital to $8.9 million after accomplishing the recent seed-stage funding.

A recent report released on 23-01-2014 stated that Masa, a decentralized data marketplace builder, has reportedly raised $5.4 million in its latest seed funding round. This firm was financially backed by some significant investors, namely Avalanche Blizzard Fund, Golden Tree, Unshackled Ventures, digital currency group, OP crypto, and PEER VC are a few investors. 

In contrast, the leading investors were Anagram, co-founded by Solana Foundation President Lily Liu and former Polychain President Joe Eagan. 

Giving Powers to the Individuals!

The fresh capital will be potentially used for building and enhancing the “Decentralized Google,” which is embedded with primary features such as an open, secure, and incentivized economy and the personal data owned by individuals worldwide. 

The main focus of this invention is to render the utmost power to the owners without hampering data privacy. And the whole process will be done with the assistance of leveraging cutting-edge zero-knowledge and fully-homomorphic encryptions.

Reaching a Breakthrough!

Masa has now summed up its total investment of $8.9 million, for which it raised $3.5 million in its pre-seed stage in May 2022. The pre-seed round was actively taken over by 12 notable investors along with Unshackled Ventures. Immediately after the seed stage funding accomplishment, Calanthia Mei, Co-Founder of Masa Network, took to the media, saying, “

Masa Network realizes the original blockchain dream – a fair data economy where you own and profit from your data. With AI fueling surging demand, Masa arrives at the perfect time. Masa lets you control and monetize your data on a decentralized marketplace. Own your data, control its use, and get paid. The future is data sovereignty. The power is yours with Masa.”