Swash Secures $7 Million in Private Funding Round on October 11, 2021

According to industry sources, Swash raised $7 million in a Private funding round on October 11, 2021. The round saw participation from investors including Outlier Ventures, Kucoin Ventures, and Streamr. Following this transaction, Swash’s cumulative funding has reached $19.1 million.Swash is an ecosystem focused on unlocking the potential value of data, offering a diverse suite of tools and services for individuals, enterprises, and developers. The platform enables users to earn rewards by sharing data while maintaining privacy protection, allows enterprises to access high-quality zero-party data in a compliant and sustainable manner, and provides developers with an efficient framework for collaborative development.It is noteworthy that after closing this round, Swash went on to raise an additional $12.1 million through an IDO on November 2, 2021, reflecting strong market recognition of its business model. As the value of data continues to grow, Swash’s data monetization solutions are providing new directions for the data economy and are expected to promote healthy development of the data asset market.