According to local reports Web3 and AI startup, ZYBER 365 has accomplished a major milestone by securing $100 million in Series A funding, led by UK-based SRAM & MRAM Group, valuing the company at an impressive $1.2 billion.
This significant funding has elevated ZYBER 365 to unicorn status, making it the 109th unicorn in India’s thriving start-up ecosystem.
Founded in May 2023 by Indian-origin entrepreneurs Pearl Kapur and Sunny Vaghela, ZYBER 365 is actively involved in Web3, AI, and cybersecurity sectors, with a strong focus on sustainability. Headquartered in London and with its operational base in India, the company aims to make India the central hub of its operations.
The Series A funding round, led by SRAM & MRAM Group, attracted substantial investments from other notable investors as well, underscoring the confidence in ZYBER 365’s potential and its promising growth trajectory.
The Series A funding will play a crucial role in fueling the company’s expansion plans, bolstering its technological capabilities, and solidifying its global market presence.
ZYBER 365 offers a decentralized and cyber-secured operating system, complemented by a diverse range of Web3 products, including Layer-0, Layer-1, and Layer-2 blockchains, decentralised identities, data analytics, software development kit, web browser, NFT marketplace, and ICO (Initial Coin Offering).
Users can either harness these products as a complete Web3 ecosystem or customize them as standalone applications to cater to their specific needs.
In addition to this funding round, SRAM & MRAM Group has previously in july 2020 announced a remarkable $100 million investment in 5ireChain.
With this latest funding, ZYBER 365 is well-positioned to continue its journey of innovation and solidify its position as a trailblazer in the AI and Web3 landscape.
The company’s commitment to sustainability and its vision to make India a technology hub further reinforce its potential to drive positive change in the tech industry.