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Binance Labs Invests $4 Million in Web3Go Startup

Binance Labs Invests $4 Million in Web3Go Startup

The data intelligence network startup Web3Go raised $4 million in a seed round led by Binance Labs.

Source: Twitter.

In the round, participants included: Hashkey Capital, NGC, Shima Capital, IVC, LIF, Big Brain Holdings and Archerman Capital.

The startup was a participant in the fifth stage (MVB V) of Binance’s venture arm incubation program.

The team offers a suite of AI-powered tools for creating digital assets and real-time data-processing infrastructure on a blockchain-based platform.

The funds raised will be directed toward rebranding to Web3Go DIN (formerly Data Intelligence Network) and further development of the project.

Earlier in June Binance Labs announced investments in five “most effective projects” from the MVB V stage of the incubator program.

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