[PRESS RELEASE – Colorado, USA, November 6th, 2024] Grass is a decentralized data network that enables users to gather and analyze web data in real time, utilizing artificial intelligence (AI) to streamline data collection. The platform incentivizes community contributions through a reward mechanism, enhancing user engagement. Recently, Grass secured a position among the top 5 Web3 projects on the RootData rankings, as measured by user engagement metrics.
Funding Milestones
Grass has successfully completed two funding rounds, raising a total of $4.5 million to support its development and expansion:
July 2023: Grass raised $1 million in a Pre-Seed round, with participation from No Limit Holdings, Big Brain Holdings, Builder Capital, Cogitent Ventures, Kyle Samani, Neel Somani, and Rahim Noorani.
December 2023: Grass secured $3.5 million in a Seed round, led by Polychain Capital and Tribe Capital, with additional investment from Bitscale, Big Brain, Advisors Anonymous, Typhon V, and Mo

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