Web3 smart hardware project MAGNE.AI completes $10 million in strategic financing

Web3 smart hardware project MAGNE.AI announced the completion of a $10 million strategic financing round, with participation from Castrum Capital, DuckDAO, TB Ventures, and Becker Ventures. The funds will accelerate the L1+L2 dual-chain research and development of its mobile native Web3 infrastructure, as well as the mass production and optimization of its AI+blockchain security chip.