What does Terminal 3 do?
Terminal 3 is a Web3 startup that leverages blockchain and privacy-enhancing technologies, including zero-knowledge cryptography, to provide secure, self-sovereign storage and controlled access to user data across various industries such as banking, government, and social media.
How much did they raise?
The company raised US$8M in a Seed round led by Illuminate Financial and CMCC Titan Fund, with participation from Animoca Brands, Progression Fund, IDG Blockchain, Cherubic Ventures, and existing investors like 500 Global, Consensys Mesh, Hard Yaka, and BlackPine.
What are their plans for the money?
With the funds, Terminal 3 plans to develop a new data privacy and security protocol and accelerate the adoption of its decentralized identity and credentials platform for enterprises, which could enhance secure digital interactions across multiple applications.
What have they achieved so far?
Terminal 3 has already announced the launch of its authentication and authorization platform for AI agents, demonstrating its commitment to providing advanced security and privacy solutions for autonomous transactions.
