The intersection of **artificial intelligence (AI)** and **blockchain** is attracting significant interest from **venture capitalists (VCs)**. Several companies developing solutions in this space have recently secured substantial funding, including **Sentient**, which raised **$85 million** to build an open-source AI platform, and **ORA**, which secured **$20 million** for its AI-powered revenue generation system. **Pantera Capital**, a leading VC firm, has allocated **$200 million** to AI projects, highlighting the growing importance of this sector. This trend is further illustrated by **Lombard**, which raised **$16 million** for its Bitcoin restaking ecosystem, **Redacted**, which secured **$10 million** for its Web3 entertainment platform, and **RedStone**, which closed a **$15 million** Series A round for its modular oracle technology. **Covalent**, a blockchain infrastructure firm, also received **$5 million** to expand its operations in Asia. The **DePIN Base Camp accelerator program** is another indication of the burgeoning interest in blockchain-powered AI, with six startups selected to receive funding and support in this area.

This edition of Cointelegraph’s VC Roundup features capital raises from several companies, including Lombard, Redacted, RedStone, and Covalente.