Swarm Network Completes $13 Million Funding Round, Backed by Sui Foundation

BlockBeats News, August 27th: Decentralized validation protocol Swarm Network has completed a $13 million financing round. Part of the funding for this round came from a $10 million public sale of delegation licenses on the Sui Network, with an additional $3 million in strategic capital from investors such as Sui, Ghaf Capital, Brinc, Y2Z, and Zerostage.

This financing round will accelerate the development of its decentralized AI validation protocol.