Foresight News, a top eastern news outlet covering Blockchain and Web3, has raised $2 million in a strategic seed funding round. This funding will be used to enhance the platform’s capabilities, expand the news team, and improve the user experience. Additionally, Foresight News is building an open-source developer community to bridge the gap between Web2 and Web3 developers.

The seed round was led by Foresight Ventures, with participation from prominent investors such as Hashkey and Arcane Group. This investment will enable Foresight News to further enhance its AI technology, onboard new talent, and expand its offerings beyond news delivery.

Vincent Yu, founder of Foresight News, expressed excitement about disrupting the news industry with their innovative approach. Foresight News has already attracted a growing number of partners, including crypto founders, exchanges, investment institutions, and Web3 communities.

Forest Bai, co-founder of Foresight Ventures, highlighted the team’s long-term vision and execution ability. He sees great potential for Foresight News to become the world’s most influential media platform, providing a comprehensive platform for creators and builders.

Foresight News has made significant strides in transforming news access and has become the most influential news and data platform in the Chinese-speaking region. In addition to news coverage, Foresight News has introduced tools like the “Public Chain Ecological Panorama” and the “Investment Institution Investment Map.”

Sunny He, Investment Director of HashKey Capital, emphasized the impact of Foresight News in bridging the conceptual gaps across different communities worldwide and building a knowledge database for the Web3 community. Neil Su, Managing Partner of Arcane Group, also praised Foresight News for their efforts in creating a much-needed Web3 data intelligence platform.

Overall, Foresight News aims to become the preferred platform for information and voting governance inquiries in the Chinese blockchain world. They are committed to integrating into an intelligent information platform, Wiki data tools, and a global creator and founder community.

Foresight Ventures is a crypto fund with a focus on backing Web3 projects that embody decentralization while driving mainstream crypto adoption. The fund provides incubation, investment, and advisory services throughout the project life cycle.