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Synnax Technologies provides AI-based credit ratings and analytics for digital assets and private credit.
Founded in 2023 and based in Dubai, Synnax Technologies uses AI, encryption, and blockchain technology to provide credit ratings, predictive metrics, and default probabilities. Its platform covers digital assets and traditional private credit markets. In March 2024, it raised USD 1 million in pre-seed funding led by No Limit Holdings, with Edessa Capital, Kenetic Capital, BitScale Capital, Ryze Labs, MH Ventures, HEX Trust, Moonvault Capital, GameFi Ventures, Typhon Ventures, Ausvic Capital, Drop Ventures, and Everstake Capital participating. The funding will support platform development.
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