Nubila, a decentralized data infrastructure company, has successfully closed an $8 million seed funding round, increasing its total funding to $10.5 million. The round was led by Blockspace Force and Quantum Holdings, with contributions from IoTeX, Assemblyrs, Synharbour AI, and other prominent protocol founders. 
Following this funding, Nubila plans to fully enter the prediction market oracle sector. The company aims to enhance the accuracy and credibility of on-chain data by integrating high-value real-world data. Nubila intends to utilize platforms like Polymarket and Kalshi to transform verified real-world intelligence into predictive data units on the blockchain. This will enable trusted oracle services for various scenarios, including temperature thresholds and extreme events, thereby linking real-world signals with financial markets for transparent trading and hedging.
Nubila Secures $8 Million Seed Funding to Expand into Prediction Market Oracles
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