MAGNE.AI completes $10 million strategic financing

ChainCatcher news, AI + Web3 native smart hardware project MAGNE.AI announced the completion of a $10 million strategic financing round, with investors including globally renowned institutions such as Castrum Capital, DuckDAO, TB Ventures, and Becker Ventures.

The funding will focus on:

Accelerating the research and development of L1 + L2 dual-chain architecture to build mobile-native Web3 infrastructure

Advancing the mass production and optimization of AI + blockchain security chips

Expanding global markets and ecosystem development

As the world's first AI + Web3 native smartphone, MAGNE.AI aims to achieve a deep integration of hardware + blockchain + AI, creating a mobile-first next-generation decentralized gateway.