The decentralized AI data liquidity network Vana has completed a $5 million strategic round of financing, bringing the total funding amount to $25 million

ChainCatcher news, the decentralized AI data liquidity network Vana has announced the completion of a $5 million strategic financing round, led by Coinbase Ventures. With this, Vana's total funding has reached $25 million.

Vana aims to build a user-owned data pool network that addresses the issue of insufficient training data for AI models through blockchain technology, while also providing internet users with a way to earn income. Vana plans to establish a decentralized autonomous organization (DAO) network that allows members to aggregate data accumulated from social media platforms like Reddit, LinkedIn, or X, and sell these datasets to AI researchers.

Previously, Vana raised $18 million in Series A funding led by Paradigm.