Web3 workspace and file management application Fileverse raised $1.5 million in a pre-seed round, the firm told CoinDesk Tuesday. Privacy-focused Gnosis Chain and venture capital firm Factor led the investment, according to a press release shared by the firm. Fileverse offers a decentralized file management and collaboration service, which aims to offer an alternative to centralized providers such as Google or Notion by giving users better ownership over their personal data, the company said. Fileverse also crafted a tool that is compliant to European data privacy regulation GDPR by design through cryptographic encryption.
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