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CARV raises $10M Series A to empower gamers to own and monetize their data

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CARV, the modular data layer for gaming and AI, has announced a $10M Series A on the heels of its recent strategic funding round. With this new backing from industry leaders, CARV will double down on building the largest modular data layer for gaming and AI, maximizing data innovation while ensuring individuals can share the value created in a user-owned internet.

The Series A was led by Tribe Capital and IOSG Ventures, with participation from key investors such as Consensys (developer of MetaMask and Linea), OKX Ventures, Fenbushi Capital, No Limit Holdings, Draper Dragon, Arweave, LiquidX, MARBLEX (the web3 arm of Netmarble), and more. This adds to the notable investors already on CARV’s cap table, including HashKey Capital, Infinity Ventures Crypto, and Temasek Holding’s subsidiary, Vertex Ventures.

“The backing from these top investors underscores their confidence in our mission to reshape data ownership and value distribution,” said Victor Yu, CARV co-founder. “For too long, users’ data has fueled economic growth without them sharing the value created. The AI boom has increased demand for high-quality data for model training, but brands face challenges targeting users and ethically sourcing data amid tightening regulations. CARV empowers users to own, contribute, and monetize their data, capturing opportunities from the adtech reshuffling and AI revolution by putting them back in control.”

CARV specializes in providing gaming and AI development with holistic, high-quality data reinforced with human feedback in a regulatory-compliant, trustless manner.

“The result of our ecosystem is an incentive-aligned infrastructure that reimagines the internet, placing individuals at the core of their digital interactions with the ability to obtain a lifetime membership for passive income. We can’t wait for what’s ahead,” said Yu.

Looking ahead, CARV is preparing to launch its node sale, aimed at enhancing decentralization and bolstering trustworthiness across every layer of its protocol.