Grass Network Completes Series A Funding Round

IconCryptoNewsTerminal Staff13 Sep, 2024

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Grass Network Completes Series A Funding Round

Grass Network, an AI and data project, has closed its Series A funding round, according to crypto media outlet BlockBeats. The round was led by Hack VC and included participation from Polychain Capital, Delphi Digital, Lattice, and Brevan Howard Digital, among others. The specific amount raised was not disclosed. Grass Network provides on-chain data, analytics, and enterprise solutions for decentralized finance (DeFi) and Web3. The company's flagship product, the Grasshopper Network, is a blockchain analytics platform that provides users with real-time data, insights, and tools to make informed decisions in the DeFi space. The funding will be used to expand Grass Network's team and develop new products and services. The company aims to become the leading provider of AI-powered analytics and data solutions for the DeFi and Web3 industry.