NFT trading startup NeoSwap AI nets $2m pre-seed


NeoSwap AI, an AI-powered NFT trading startup, has closed its pre-seed investment round and bagged $2m.

The round was led by Digital Asset Capital Management and AngelHub. Also taking part in the round were Dhuna Ventures, Stacks Ventures, Gossamer Capital and several angel investors.

NeoSwap AI claims it seeks to revolutionise commerce with its multi-party, multi-item trading platform powered by artificial intelligence.

It said its proprietary algorithms allow for ‘efficient trade discovery’ using digital assets and minimal currency, offering a new and more efficient form of commerce compared to traditional centralized methods that require greater liquidity.

The company also recently made history with the world’s first Ordinals NFT smart auction, hosting the event for Brian Laughlan, creator of the notable “Satoshibles” NFT project.

NeoSwap CEO John Ennis said, “NeoSwap is transforming the world economy through personalized, accessible, and efficient trade discovery. We believe the ideas inside NeoSwap will prove as valuable as the steam engine for unlocking latent but previously inaccessible economic value.”

Sprout, a UK-based platform for underserved private investors to access a selection of venture capital funds, has raised $1m in pre-seed financing.

Sprout has developed a platform to support underserved investors with access to venture capital funds.

Users can manage their portfolio online and browse through Sprout’s curated selection of high-quality VC funds, invest through Sprout’s platform and monitor portfolio performance through the company’s regular updates.

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