🚀TrendX Financing Daily News 04/09/2024

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【1】Ritual

Amount: Millions of dollars

Stages: Series A1

Date: April 8

Investors: Polychain

Category: Infrastructure, Artificial Intelligence

Description: Ritual is a decentralized AI compute platform, Ritual laid out five key areas of focus: to create its incentivized network that connects distributed computing devices to power hosting, sharing, inference and fine-tuning of AI models; an API layer for access to models; a proof layer that guarantees computational integrity; censorship resistance; and privacy.

Additions: Ritual raised $ 25 M in Series A round on November 8, 2023

Website： https://ritual.net/

Twitter： https://twitter.com/ritualnet

【2】Lumoz

Amount: $6 million

Stages: Pre-A round

Date: April 8

Investors: OKX Ventures, HashKey Capital, Kucoin Ventures, Comma3 Ventures, Kernel Ventures, Sandeep Nailwal, Kronos Ventures

Category: Infrastructure, Artificial Intelligence

Description: Lumoz is a decentralized ZK-RaaS (ZKRollup-as-a-Service) network featuring Zero-Knowledge Proof (ZKP) mining. Its innovative approach, combining Proof of Stake (PoS) and Proof of Work (PoW), allows Web3 developers to swiftly generate a zkEVM application chain with a mere click. This action triggers an abundance of ZK-Rollups, creating substantial computational tasks.

Additions: Lumoz raised $ 4 M in Seed round on April 6, 2023

Website： https://lumoz.org/

Twitter： https://twitter.com/LumozOrg

【3】YGG

Amount: Undisclosed

Stages: Strategic financing

Date: April 8

Investors: Newman Capital

Category: Gaming, Games Guild

Description: Yield Guild Games (YGG) is a decentralized gaming guild that pools funds to purchase yield-generating NFTs, leveraging players’ time and effort to optimize community-owned assets for maximum utility and return. By merging NFTs and DeFi, YGG creates value for its partners and community by developing the content and economy of virtual worlds and blockchain-based games. Their mission is to create the largest virtual world economy.

Additions: Yield Guild Games raised \( 13.8 M in funding round on February 17, 2023;Yield Guild Games raised \) 4.6 M in funding round on July 1, 2022;Yield Guild Games raised \( 12.5 M through IDO on July 28, 2021;Yield Guild Games raised \) 4 M in Series A round on June 16, 2021;Yield Guild Games raised $ 1.32 M in Seed round on March 4, 2021

Website： https://www.yieldguild.io/

Twitter： https://twitter.com/YieldGuild

【4】NuLink

Amount: Undisclosed

Stages: Undisclosed

Date: April 8

Investors: DWF Labs

Category: Infrastructure, Layer1, Privacy

Description: NuLink provides technology for decentralized applications that preserves privacy, via APIs. NuLink enables and makes it easy for developers, startups, small businesses, and enterprises to build their own applications with the best security and privacy practices.

Additions: NuLink raised $ 4 M in Seed round on November 29, 2021

Website： https://www.nulink.org/

Twitter：[ https://twitter.com/Nulink\](https://twitter.com/Nulink%5C )

About TrendX

TrendX is an AI-driven Web3 trend tracking and intelligent trading one-stop platform, using large language model and AI technology to find market trends, and seamlessly combined with intelligent trading, committed to becoming a new generation of AI trading platform for 1 billion users to enter Web3 to check projects, find hot topics, see trends, primary investment, and secondary trading.

Website：  https://app.trendx.tech/

Twitter：  https://twitter.com/TrendX_tech