Web3 Company Cosmic Wire Closes $30 Million Seed Round Led by Polygon and Solana Foundation

Web3 company Cosmic Wire closed a $30 million seed round led by Polygon and Solana Foundation. The funds raised will be used to promote the system of Cosmic Wire, and help users to exert better control over their data and online interactions.

Cosmic Wire is a Miami-based Web3 startup offering a wide range of infrastructure products. The crypto-related offerings from Cosmic Wire include world-building 3D architecture tools and AI-backed avatars for metaverse creation. The startup also offers a number of blockchain solutions, including analytics, digital identity management, smart contract development tools and chain-agnostic marketplaces.

Cosmic Wire has also been selected as a participant in Google Cloud's Web3 startup program, which aims to provide support for startups and emerging projects, including the Web3 industry, to scale their projects faster and more securely. The program will help Cosmic Wire to gain exclusive access to "customized resources" and "entry into Google's Web3 ecosystem."

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