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Blitzy, an AI coding company co-founded by former Nvidia architect Sid Pardeshi, has announced the completion of a $200 million funding round. Northzone led the round, with participation from Battery Ventures, Jump Capital, and crypto investment firm Morgan Creek Digital, among others. It is reported that the Blitzy platform can parse complex systems with over 100 million lines of code and execute development, testing, and verification tasks in parallel through thousands of AI agents. This model is seen as a significant application direction for Agentic AI in the development field. The new funds will be used to expand research and development as well as market outreach, focusing primarily on highly regulated industries such as finance. (Techfundingnews)
According to The Block, Nuva Digital has completed a $5.2 million seed funding round, led by Morgan Creek Digital with participation from Ulu Ventures. The round was closed in a single tranche and marks the company’s first external funding. Nuva Digital was jointly incubated by Animoca Brands and Nuva Labs (formerly Provenance Blockchain Labs) and is building Nuva Finance, a real-world asset (RWA) yield platform. The financing structure consists of a priced equity seed round accompanied by token purchase warrants; the valuation was not disclosed.