August 30, 2024
Adot (a.xyz), a decentralized AI search engine company founded by a former Google core team engineer, has recently received a major strategic investment from the Aptos ecosystem. This funding will be crucial in advancing Adot’s goal to transform the search experience in the Web3 space.
Project | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|
Adot | August 30, 2024 | Strategic Investment | Aptos | AI |
With this investment, Adot plans to improve its search technology, offering innovative solutions that will aid the growth and development of the Aptos ecosystem. This partnership highlights Aptos’s dedication to supporting projects that drive the advancement of decentralized technologies and broaden its ecosystem’s reach.
Before receiving the strategic investment from Aptos, Adot had already secured $6 million in earlier funding rounds. Key investors in these rounds included gumi Cryptos Capital, Hash Global, SevenX Ventures, Mask Network, MixMarvel, Xin Family, and VarCapital.
About Adot
Adot (a.xyz) is a decentralized AI search engine company. It aims to revolutionize the search experience in the Web3 space by using advanced AI technology. Founded by a former Google engineer, Adot focuses on providing innovative search solutions that enhance the functionality and user experience within decentralized ecosystems.
Website: https://www.a.xyz/
About Investor
Investor: Aptos Foundation
The Aptos Foundation is dedicated to supporting the Aptos blockchain, a Layer 1 platform known for its focus on safety, scalability, and decentralization. The foundation plays a crucial role in fostering the ecosystem by providing grants to developers, promoting community engagement through educational programs and events, and partnering with node validators to enhance decentralization. Aptos aims to revolutionize blockchain technology with its high-speed, secure, and scalable infrastructure, making it an ideal platform for building decentralized applications (DApps). The foundation also emphasizes governance, allowing community members to propose and vote on improvements, ensuring the network evolves in a decentralized manner.
Location: Grand Cayman
Website: https://aptosfoundation.org/
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