Venice raises $65M in a Series A funding round

#Venice secures $65M in a Series A funding round, achieving a post-money valuation of $1B. The round was led by Dragonfly, with participation from Coinbase Ventures, North Island Ventures, and others. The new funding will be used to acquire GPUs and build proprietary data centers, reducing reliance on leased hardware and improving gross margins.

Venice is a privacy-focused, decentralized generative #AI platform that provides unrestricted access to advanced AI models for generating text, images, code, and documents.

👉 techcrunch.com/2026/07/01/venice-ai-becomes-a-unicorn-with-65m-series-a-as-its-privacy-first-ai-platform-takes-off