Nillion raises over $20 million to build new web3 infrastructure

Nillion, a web3 startup aiming to build a non-blockchain decentralized network, closed an oversubscribed round of more than $20 million, the company exclusively told TechCrunch.
“Nillion is a deep technology infrastructure project,” Andrew Yeoh, the company’s founding chief marketing officer, told TechCrunch. “While blockchains decentralize finance, Nillion aims to decentralize everything else and the rest of data.”
The startup aims to provide a new internet infrastructure for securing storage and data computation. “Companies and competitors can collaborate without passing on key information,”

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