Cambrian Network, a startup building decentralized oracle infrastructure for institutions and AI agents, has closed a $6 million seed funding round co-led by Polychain Capital and Franklin Templeton. The raise brings the company’s total funding to $11.9 million.
The raise and who’s writing the checks
The seed round drew participation from Flow Traders, Selini Capital, Paper Ventures, and Nomad Capital alongside co-leads Polychain and Franklin Templeton. Franklin Templeton is a $1.5 trillion-plus traditional asset manager that has been steadily expanding its blockchain footprint.
Cambrian had previously raised $5.9 million in a pre-seed round in early 2025, led by the a16z Crypto Startup Accelerator with participation from Blockchain Builders Fund.
What Cambrian actually does
The protocol provides APIs that deliver real-time financial metrics, including data on yields, lending markets, decentralized exchange liquidity, wallet activity, price forecasts, and social sentiment. The founding team includes alumni from The Graph, the indexing protocol that became essential plumbing for querying blockchain data across the ecosystem. Cambrian is building a validator network to ensure the credibility and reliability of the data flowing through its pipes.
Currently, Cambrian has a private beta API live on both Base and Solana. The company says it has indexed $4.5 billion in total value locked and is processing millions of API calls.
The competitive landscape
Chainlink remains the dominant force in decentralized data feeds, with integrations across hundreds of protocols. Pyth Network, backed by Jump Trading’s expertise in high-frequency data, has carved out its own niche particularly in high-speed price feeds for DeFi applications. Where Chainlink and Pyth primarily focus on price feeds and verifiable randomness for smart contracts, Cambrian is targeting a broader data surface area: yields, lending conditions, liquidity depth, and social sentiment.
What this means for investors
Cambrian hasn’t disclosed any plans for a native token launch or token allocation details. The $4.5 billion in indexed TVL and millions of API calls during private beta are the key traction metrics disclosed to date.