According to The Block, Cambrian, a blockchain data infrastructure startup backed by a16z CSX, raised $6 million in seed funding last month led by Franklin Templeton and Polychain Capital. Flow Traders, Selini Capital, Paper Ventures, Nomad Capital, and angel investors including Jason Mo and Avi Felman also participated in the round. The funding brings Cambrian's total to $11.9 million, including a previous $5.9 million pre-seed round led by a16z Crypto Startup Accelerator last year.
Founded in 2024, Cambrian provides an API delivering real-time and historical blockchain data on yield, lending rates, and market sentiment. The startup plans to expand into a verifiable oracle network designed for institutions and AI agents. Cambrian currently indexes $4.5 billion in lending total value locked across the four largest lending protocols and monitors over 320,000 decentralized exchange pools on Base and Solana.