Vana, a Web3 startup dedicated to building a network of user-owned data pools, announced on Wednesday that it had completed a $5 million strategic round of financing, led by Coinbase Ventures, bringing its total financing to $25 million.
Vana previously received investment from Paradigm, which led the company's $18 million Series A financing.
The startup has set out to build a DAO network, using its blockchain technology to solve the problem of lack of training data for artificial intelligence models, while providing a way for Internet users to earn income. (The Block)