MAGNE.AI Raises $10M Strategic Financing to Accelerate AI + Web3 Native Smartphone and Dual-Chain Ecosystem

PRESS RELEASE.

New York — 25 August 2025 — MAGNE.AI, a global pioneer at the convergence of artificial intelligence and Web3 hardware, today announced the successful completion of its $10 million strategic financing round. The raise was supported by Castrum Capital, DuckDAO, TB Ventures, and Becker Ventures, four leading global venture capital firms committed to advancing blockchain adoption, digital infrastructure, and next-generation consumer technologies.

This financing validates MAGNE.AI’s mission to create the world’s first smartphone designed as a native Web3 infrastructure layer, seamlessly merging AI-driven intelligence, decentralized identity, and blockchain-based security.

A New Era of Decentralized Mobile Computing

Smartphones have become the primary access point for digital services worldwide, with more than 1.2 billion units shipped annually. Yet despite their ubiquity, they remain largely disconnected from blockchain infrastructure. Current Web3 access methods rely on desktop wallets, browser plug-ins, or custodial services—tools that add friction, limit adoption, and expose users to risks.

MAGNE.AI is addressing this gap by embedding Web3 functionality directly into mobile hardware. Its devices integrate:

• Dual-chain blockchain architecture (L1+L2)
• AI-enhanced secure chips
• Decentralized identity protocols
  

This approach makes the smartphone itself the entry point into decentralized ecosystems, representing a paradigm change: instead of adapting Web3 to existing devices, MAGNE.AI is building hardware purpose-built for Web3.

Use of Funds

The $10 million raised will accelerate MAGNE.AI’s growth across three critical areas:

Dual-Chain R&D

• Scale development of MAGNE.AI’s proprietary L1+L2 blockchain, optimized for mobile-native performance.
• Enable seamless decentralized transactions and support applications across DeFi, RWA, and gaming.

AI + Blockchain Secure Chip Production

• Transition MAGNE.AI’s dedicated security chip from prototype to mass production.
• Enhance device safety by integrating biometric verification, cryptographic signing, and on-device AI inference.

Global Expansion

• Build MAGNE.AI’s presence in Asia, North America, and Europe.
• Form partnerships with Web3 ecosystems, exchanges, and infrastructure providers to fast-track adoption.

Challenges Addressed

Despite blockchain’s growth, most digital activity still runs through centralized infrastructure. Without hardware-native integration, Web3 adoption remains limited. MAGNE.AI addresses three critical challenges:

• Security — Current wallet systems leave millions vulnerable to hacks and phishing. MAGNE.AI’s secure chips and offline recovery solutions mitigate these risks.
• Accessibility — Web3 onboarding is often complex. MAGNE.AI integrates wallets, identity, and blockchain support directly into the smartphone experience.
• Performance — Many decentralized apps suffer from latency. MAGNE.AI’s dual-chain system is optimized for low-latency, mobile-first performance.

The result: a smartphone that is both familiar to users and powerful enough to serve as a Web3-native baselayer.

Security Architecture

MAGNE.AI’s smartphone introduces the industry’s only triple-trust-root security framework by combining:

• EAL2-certified Trusted Execution Environment (TEE)
• EAL6-certified Secure Element (SE)
• EAL6-certified NFC security module

This unique configuration allows MAGNE.AI devices to not only safeguard keys and transactions within the phone, but also back up mnemonic words and private keys onto certified NFC cards. Unlike typical hardware wallet systems, this enables a secure, portable recovery mechanism without relying on centralized cloud services.

The design encapsulates the hardware wallet chip and NFC controller together, creating a dedicated secure link between them. This ensures the integrity of wallet backup processes as they are transferred to the NFC card. All operations are executed within a black-box security environment, providing an additional layer of defense against external threats.

Through this architecture, MAGNE.AI sets a new benchmark for hardware-native digital asset protection in mobile devices.

Market Opportunity

The convergence of AI, blockchain, and mobile creates a unique market window:

• Smartphone Adoption — Over 5 billion active smartphone users globally, making mobile the dominant platform for digital interaction.
• AI Hardware Growth — The AI chipset market is projected to exceed $80 billion by 2030, driven by demand for on-device inference.
• Web3 Expansion — Global blockchain wallet users surpassed 400 million in 2025, yet less than 20% are mobile-native.

By positioning itself at the intersection of these trends, MAGNE.AI is unlocking a multi-billion-dollar opportunity for decentralized mobile computing.

Roadmap

With funding secured, MAGNE.AI will execute a focused roadmap:

• Beta Testnet — Public rollout of its L1+L2 blockchain for developers and early adopters.
• Mainnet Launch — Full deployment with cross-chain bridges and SDKs for ecosystem integration.
• Device Rollout — Launch of MAGNE.AI smartphones embedding secure chips and dual-chain connectivity.
• Ecosystem Growth — Partnerships with DePIN, RWA, and DeFi platforms.
• Community Expansion — Strengthening engagement through developer incentives and mobile-native features.

About MAGNE.AI

MAGNE.AI is an AI + Web3-native hardware project pioneering the next generation of decentralized smartphones. By integrating a dual-chain (L1+L2) blockchain architecture, AI-optimized secure chips, and a full-stack mobile-first design, MAGNE.AI delivers seamless access to decentralized finance, real-world assets, DePIN, social applications, and AI-powered services. Backed by leading investors and global partners, MAGNE.AI is driving a new era of decentralized intelligent devices.

About Castrum Capital

Castrum Capital is a full-stack venture capital firm inspired by the Roman spirit. Its goal is to invest in, mentor, and empower crypto-related startups with this spirit.

About DuckDAO

DuckDAO is a decentralized venture collective that provides access to early-stage Web3 investment opportunities. The organization is recognized for its community-driven model, helping retail participants engage with promising blockchain projects at an early stage. Through its unique structure, DuckDAO has supported a wide range of startups across the Web3 ecosystem.

About TB Ventures

TBV (TB Ventures) is a VC fund focused on leading rounds in early-stage Web2.5 & Web3 companies in Southeast Asia and North America. It is supported by TBE (The Events Vertical) and TBA (The Advisory Vertical), creating a network of services underpinned by a strong and active community.

About Becker Ventures

Becker Ventures is a global Web3 investment fund and accelerator headquartered in Sydney, Australia, with offices in Hong Kong, Singapore, and Dubai. The company currently manages multiple funds, including venture capital funds, actively managed secondary funds, multi-strategy FoF funds, and private market secondary funds. Its accelerator division has successfully supported several projects with a focus on discovering, incubating, and empowering disruptive Web3 startups.

News on X Link : https://x.com/magne_ai/status/1959214655425171628?s=46&t=SjCCA2TptUd3pvanjNSbWw