Deals

Deal Announcement: True Global Ventures

Written by MME | Dec 12, 2024 3:48:51 PM

MME advised True Global Ventures, a global technology equity venture capital firm that invests in serial entrepreneurs, as lead investor in connection with a total USD 16.3m financing round into Validation Cloud AG.

Validation Cloud is a leading Web3 data and AI company and plans to use the funds to expand its AI product, bringing seamless access to Web3 data and enabling unparalleled user experiences to network ecosystems and applications.

The MME team advising True Global Ventures includes Dr. Alex Enzler (Partner, Corporate/M&A), Ronald Kogens (Partner, Blockchain/DLT) and Martina Kim (Associate, Corporate/M&A).

For more information see: Validation Cloud Secures $10M Lead to Scale AI for Web3 from True Global Ventures