Eternis AI, the team behind Freysa AI, has raised $30 million from companies such as Coinbase Ventures

Eternis AI, the team behind Freysa AI, has raised $30 million from companies such as Coinbase Ventures
PANews
PANews

PANews reported on May 29 that, according to The Block, the crypto AI project Freysa AI has quietly completed a $30 million financing through its affiliated entity Eternis AI, with participation from Coinbase Ventures and Selini Capital. The project is based on the Base blockchain and aims to build a "personal AI digital twin". A Selini Capital spokesperson said the company invested in Freysa's token round involving its native FAI token, but declined to comment on the $30 million figure or share more details. A spokesperson for Coinbase Ventures said the company invested in Eternis as part of the project's $30 million funding round. The Freysa team revealed in its Telegram group this month that it had received more than $30 million in funding.

Eternis AI was co-founded in 2024 by Srikar Varadaraj (former founder of credit scoring program Spectral), Pratyush Ranjan Tiwari (former member of Celo), Ken Li (former investment director of Binance Labs), and Augustinas Malinauskas (former CTO of Views). The team said that its members include PhDs in cryptography and theoretical physics, as well as serial entrepreneurs.

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