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aZen has completed a $1.2 million seed round of funding, led by Waterdrip Capital.

BlockBeats News, May 2nd, Web3 AI-native computing infrastructure aZen has completed a $1.2 million seed round of financing. This round was led by Waterdrip Capital, with participation from DWF Ventures, Rootz Labs, Mindfulness Capital, Attention Ventures, Quantum Leap Lab, DePIN-X, and ODIG.


Additionally, aZen's holding company has received a $40 million equity investment from UAE's Royal Front LLC to drive long-term expansion and ecosystem development. aZen has also received strategic Web3 support from Peaq, ICP, and Swarm.

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The total number of financings last week was 18, with a total amount of approximately US$214.3 million, and the average financing amount was US$11.9056 million.
To my surprise and delight, a leading company in the industry announced a new fund to invest in Water Drop Capital on the spot at the roundtable
Last week, there were a total of 4 financing deals with a combined amount of approximately $73.6 million, and an average financing amount of $18.4 million.
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