Fedi Inc., a US-based developer of community-empowering financial and data technology, has raised $17m in a series A round of financing, led by Ego Death Capital and with participation from TBD, part of Block, Kingsway, Trammell Venture Partners, and Timechain. The funds will be used to pre-launch an alpha version for builders later in the month. Fedi aims to empower individuals to collaborate through "federations" made up of friends, families, neighbours, non-profit organisations, social clubs, businesses, conferences and other forms of communities, thus taking control of their money, data and digital lives while protecting user privacy and autonomy. It provides a resilient privacy protecting and simple way for people to secure and use their data and money. Moreover, the platform builds on the open-source Fedimint protocol, making it easy for developers to build additional apps and modules to complement Fedi's offerings.