News Summary

Toronto-based Validation Cloud, co-founded by Andrew McFarlane, has developed an AI-powered platform for Web3, utilizing AWS infrastructure. The company aims to simplify the complex blockchain data landscape by providing real-time, searchable insights through its AI engine, Mavrik. The service is designed to function similarly to Bloomberg for traditional financial markets, translating decentralized blockchain data into actionable intelligence. Validation Cloud, headquartered in Zug, Switzerland, focuses on staking and node APIs, securing billions in assets and maintaining high-speed connectivity for enterprises. AWS’s global infrastructure has been pivotal in achieving this success, including helping the company earn SOC 2 Type 2 certification. Validation Cloud is currently onboarding early users to its Data x AI product and expanding its reach following a $15-million USD Series A funding round.