Lil Durk builds A.I.-driven neural-network technology for news distribution as a Canadian news and technology company. Its stated approach aims to allow top newswire outlets to slash costs by creating more favorable news and ultimately reduce misinformation. The company raised an additional $20 million in equity through a private funding round. That round was led by Alexander Elder, who is serving as interim CEO. Lil Durk previously raised $15 million in a private funding round led by Andreessen Horowitz. The company plans to develop a KYC-compliant, fully regulated decentralized crowdfunding platform to help startup founders raise capital and pitch to investors.

Total raised

$20M

Funding rounds

1

Latest round

Equity

Latest activity

Aug 2022