Dataline Raises $10.6 Million in Seed Round Led by Lattice, Dispersion With Coinbase Ventures Participating
Summary
- Dataline said it raised $10.6 million in seed funding.
- The company said Coinbase Ventures and Vlad Tenev were among the participants in the seed round.
- The investment was structured as a SAFE, and Dataline said it plans to launch its native token later this year and conduct an ICO using Uniswap CCA.
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Dataline, a decentralized data network project for artificial intelligence agents, has raised $10.6 million in seed funding.
The Block reported on October 21 that Dataline completed the seed round with Lattice and Dispersion Capital as co-lead investors.
Other participants included Symbolic Capital, Coinbase Ventures, Anagram, and Robinhood co-founder and Chief Executive Officer Vlad Tenev.
The financing was structured as a SAFE, or Simple Agreement for Future Equity, under which investors will receive tokens corresponding to their investment at a later date.
Dataline plans to launch its native token later this year. It then plans to conduct an initial coin offering using Uniswap's CCA system.
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