Mind Network Raises $10M Pre-A Round to Enhance FHE Infrastructure and Strengthen AI and PoS Networks

On September 29, Mind Network successfully raised $10 million in a Pre-A funding round, according to COINOTAG. This investment round saw participation from notable entities including Animoca Brands, Arkstream Capital, Cogitent Ventures, G Ventures, MH Ventures, Master Ventures, Moonhill Capital, SwissBorg Ventures, and IBC Group. Prominent angel investors such as Ether.fi CEO Mike Silagadze also contributed. The substantial funding will expedite the evolution of Mind Network’s cutting-edge fully homomorphic encryption (FHE) infrastructure. Moreover, this investment will enhance Mind Network’s pivotal role in advancing AI and proof-of-stake (PoS) networks. This milestone not only signifies a crucial step towards stronger data privacy measures but also positions Mind Network at the forefront of innovative blockchain technology development.