Venice raises $65M Series A at $1B valuation led by Dragonfly
Key Questions
What funding did Venice recently raise?
Venice raised $65M in Series A funding at a $1B unicorn valuation, led by Dragonfly. This marks its first outside capital through equity rather than a token sale.
Who founded Venice and what is its focus?
Venice was founded by Erik Voorhees as a privacy-first AI platform. It fits into the AI + Web3 privacy infrastructure sector and plans to build its own datacenters.
What happened to Venice's token after the funding announcement?
The VVV token rose 11.6% following the news. Details on lockups and warrants were also disclosed alongside the raise.
Venice (Erik Voorhees) raises $65M Series A at $1B unicorn valuation led by Dragonfly. First outside capital, equity not token sale. Token VVV up 11.6%. Lockups and warrants detailed. Plans to build own datacenters. Fits AI+Web3 privacy infrastructure play.
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Updated Jul 2, 2026