Odaily News Web 3 payment infrastructure company Transak announced the completion of a new round of financing totaling $16 million, led by IDG Capital and Tether, with participation from Primal Capital, 1kx, Protein Capital, and Fuel Ventures.

Golden Finance reported that 375ai, the edge data intelligence network of Solana, announced the completion of a $5 million seed round of financing on X platform, with 6MV as the lead investor, and Arca, Escap Velocity, Primal Capital, and Auros as co-investors. The specific valuation information has not been disclosed. 375ai provides blockchain-based Decentralization edge data intelligence network Nodes and mobile applications for real-time data collection. Users can participate in the network by deploying Nodes, using applications, or staking Tokens, and at the same time, receive rewards.

Ambient announced the closing Decentralization of a $2 million seed round led by Borderless Capital with participation from Solana Ventures, Parami Investors, Sonic Boom Ventures, Primal Capital and others, according Solana to Golden Finance. Founded in January of this year, Ambient acquisition PlanetWatch, an Algorand-based environmental data project, in March and decided to move to Solana.

According to news on July 13, Primal, a social application based on the Nostr protocol, completed $1 million in financing. Ten31, Hivemind Ventures, etc. participated in the investment. Primal’s social application suite can combine a Twitter-like interface with the open source Nostr protocol, and priority Features such as review, account ownership and decentralization. At present, Primal has launched a web-side application, and will expand mobile-side services in the future.