Datavault AI has secured a $120 million funding round through a binding term sheet with Scilex Holding Company. This agreement involves an upfront cash contribution from Scilex and a revenue participation component, though specific metrics like client numbers or revenue figures were not detailed in the announcement. The funds are intended to support Datavault AI's operations and expansion in data monetization, credentialing, digital engagement, and RWA tokenization.
Amount: $120.0M
