Tech Company Financing Transactions
Venice AI Funding Round
Venice AI, operating out of Sheridan, secured $65 million in investment from Dragonfly Capital, Coinbase Ventures and North Island Ventures.
Transaction Overview
Company Name
Announced On
7/3/2026
Transaction Type
Venture Equity
Amount
$65,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the capital to expand its core product engineering team, procure high-performance graphics processing unit (GPU) compute resources, and accelerate the rollout of its enterprise-grade zero-knowledge data security solutions.
Company Information
Company Status
Private & Independent
Industry
Artificial Intelligence
Mailing Address
1309 Coffeen Avenue 14343
Sheridan, WY 82801
USA
Sheridan, WY 82801
USA
Phone
Undisclosed
Website
Email Address
Overview
Venice provides the freedom to create and explore without limits. Venice was founded on the principle that civilization is best served by powerful machine intelligence when it respects the sovereignty of those who use it. Therefore, it must be private by default, it must permit free and open thought, and it must be based on the world's leading open-source technologies. Here, your conversations and creations belong to you alone, not to corporations, not to governments, and not to us. In this, Venice stands alone among its peers.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Erik Voorhees
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