Orochi Network, a 2021-founded and Vietnam-based cryptography startup working towards enhancing data integrity and privacy in Web3 ecosystem, announced on Thursday its latest funding to fuel its vision.
Successfully raising $12 million from prominent investors such as Presto Labs, Smape Capital, and Anti Capital, Orochi aims to develop the world’s first verifiable data infrastructure.
It also saw grants from leading blockchain organizations like the Ethereum Foundation, Mina Protocol, Web3 Foundation, and BNB Chain.
The participation of major investors and blockchain foundations in this funding round signals strong confidence in Orochi Network’s vision and technology. Presto Labs, Smape Capital, and Anti Capital are known for backing disruptive innovations in the Web3 space, and their support suggests that Orochi’s approach to data verification can have significant industry potential.
Orochi Network seeks to address critical issues related to data integrity and trust. The company aims to eliminate the reliance on centralized oracles by developing a unified ecosystem that ensures secure, verifiable, and decentralized data for blockchain applications.
Orochi Network has successfully raised $12M in funding.
This investment powers Orochi Network to build Verifiable Data Infrastructure pic.twitter.com/3xfESYItbY
— Orochi Network (@OrochiNetwork) February 27, 2025
Problems with the traditional Oracles
Oracles play a crucial role in blockchain networks by supplying external data to smart contracts. However, traditional oracles often pose reliability issues, with potential vulnerabilities that can lead to data manipulation and security breaches.
Orochi Network aims to solve these challenges by implementing a fully verifiable data system that ensures data integrity across decentralized applications (dApps).
With this new funding, Orochi Network plans to enhance its technological stack, expand its partnerships, and scale its research and development efforts. The company has already established over 80 collaborations with key industry players, including Nexus Labs, Mina Protocol, Lumia, Aligned Layer, 0G Foundation, and Base.
Orochi Network has also been making waves within the Web3 community. In January 2025, the platform launched an Airdrop Arcade on Bybit Web3, attracting over 2.25 million participants. This significant level of engagement demonstrates the growing interest in the network’s capabilities and potential impact on the decentralized data landscape.
“We are committed to building a next-generation data verification system that not only ensures security but also fosters trust in Web3 applications,” said an Orochi Network spokesperson. “With this funding, we are accelerating our mission to redefine the oracle market and provide developers with the infrastructure needed to create transparent and secure blockchain applications.”
As the Web3 ecosystem continues to expand, the need for reliable and secure data feeds becomes increasingly vital. Orochi Network’s verifiable data infrastructure could set a new standard for blockchain-based applications, making decentralized ecosystems more resilient against data manipulation and inaccuracies.
Building a Secure Network
Orochi Network is now focused on deploying its funding toward product development, hiring top blockchain talent, and strengthening its infrastructure. The company also plans to roll out new features and integrations that will further optimize its data verification processes.
With the growing adoption of blockchain technology across finance, supply chain management, and other sectors, a reliable data infrastructure like Orochi Network’s could play a critical role in ensuring transparency and security. As the company moves forward, industry stakeholders and developers will be closely watching its next steps.
By securing this $12 million investment, Orochi Network has positioned itself as a key player in the race to enhance blockchain trust and reliability. Its verifiable data infrastructure could very well shape the future of decentralized applications, paving the way for a more secure Web3 ecosystem.
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