AI TRENDS | Canopy Raises $8.5 Million Seed Round to Support Mainnet Launch and AI Developer Tools

Canopy, an AI-assisted Web3 infrastructure layer, has raised $8.5 million in a seed funding round with participation from Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital. According to Foresight News, the company said the funds will be used to support its mainnet launch, expand its engineering team, and develop native AI development tools.