MAGNE.AI Secures $10 Million in Strategic Financing on August 26, 2025

According to industry sources, MAGNE.AI secured $10 million in strategic financing on August 26, 2025. Investors in this round include Duckdao, Castrum Capital, TB Ventures, and Becker Ventures. Following this transaction, MAGNE.AI’s total cumulative financing has reached $10 million.MAGNE.AI is a technology company specializing in secure intelligent devices. Its flagship product, the M.AI Phone 1, integrates on-device AI inference, hardware-level encryption security, and a Web3 wallet, supporting multi-chain interaction and decentralized applications. With the rapid advancement of artificial intelligence and Web3 technologies, the integration of smartphones and blockchain has become a key industry trend. By combining AI capabilities, advanced encryption, and blockchain features within mobile devices, MAGNE.AI delivers a more secure and convenient digital asset management and blockchain interaction experience for users.The completion of this strategic financing not only reflects investors’ recognition of MAGNE.AI’s technological innovation and market potential but will also further drive the application of intelligent devices in the Web3 sector. The funds raised will be primarily allocated to product development, market expansion, and team building, positioning MAGNE.AI for a stronger competitive stance in the fast-evolving intelligent device and blockchain markets.