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Synnax

Last funding round

Raised
$1,000,000
Round
Pre-Seed

Funding News (1)

Mar 6 2024Medium

Startup details

Synnax

Synnax

Synnax is a protocol that aggregates credit intelligence and generates impartial and forward-looking credit ratings using a decentralized consensus model. By leveraging advanced encryption technology, Synnax ensures that rating-seeking entities maintain data privacy while sharing information with a decentralized and independent network of data scientists. Data scientists are incentivized to build, train, and continuously improve machine learning models, which infer on encrypted data, and produce outputs that are aggregated to generate consensus credit ratings and credit intelligence. Synnax employs a blockchain-enabled process to ensure transparency, promote scalability, and offer lucrative participation incentives through a token-based model.
www.synnax.ai
Dubai, United Arab Emirates
Established in 2023
2-10 People
Fintech, Credit and Lending, AI

Founders

Dario Capodici

Co-Founder & COO

Hong Kong, Hong Kong Special Administrative Region, Hong Kong S.a.r.

Robert Alcorn

Robert Alcorn

Co-Founder & CEO

Dubai, United Arab Emirates

Alessio Quaglini

Alessio Quaglini

Co-Founder

Hong Kong, Hong Kong Special Administrative Region, Hong Kong S.a.r.

Investment details

Raised
$1,000,000
Round
Pre-Seed
Investors
No Limit Holdings
LEAD
MH Ventures
Edessa Capital
Kenetic Capital
Bitscale
Ryze Labs
Hex Trust
Moonvault
GameFi Ventures
Typhon Ventures
Ausvic Capital

Founder Stories

Dr. Sterghois Moschos, PulmoBioMed

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