Web3 oracle provider Stork Network has completed a $4 million seed round financing, led by Lightspeed Faction.

Sep 5, 2024 15:21:32

Web3 oracle provider Stork Network has completed a $4 million seed round financing, led by Lightspeed Faction, with participation from Lattice, CMS, and Wintermute.

Stork Labs, the core contributor to Stork Network, is developing the Open Data Market, a tool that connects data publishers with protocols, decentralized applications, and other data consumers through composite oracle services. Stork Perps is the company's first COS product.

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