According to Foresight News, Web3 asset data platform, RootData, has successfully raised $1.25 million in a seed funding round. The round was led by NLVC and saw participation from a host of investors including Boyaa Interactive, Bonfire Union of Mask Network, Sending Labs, Skyland Ventures, GoPlus, Basic Capital, Rebase D. Ventures, UniSat, SeeDAO. Individual investors such as Orbiter Finance founder Gavin, Alchemy Pay co-founder Shawn Shi, and 0xScope co-founder Jackson also contributed to the funding round.
The funds raised will primarily be used for product development and market expansion. This investment marks a significant milestone for RootData as it seeks to strengthen its position in the Web3 asset data platform space. The participation of a diverse group of investors underscores the potential they see in RootData's future growth and development.
