Canopy completes $8.5 million seed round financing with participation from Arrington Capital and others

AI assisted development of Web3 infrastructure layer Canopy has completed a seed round financing of $8.5 million, with participation from Arrington Capital, Fenbushi Capital, Borderless Capital, and SNZ Capital. The funds will be used to support the launch of the mainnet, expansion of the engineering team, and development of native AI development tools.