After $7 Million Raised, Bware Labs Is Surging Into Their Next Phase of Decen...
Eclipsing their first round of $1 million, Bware Labs, a platform that helps create decentralized API infrastructure, has seen a follow-up round reach a total of $6 million in investments. Bringing their total amount raised up to $7 million, this funding gives Bware Labs the ability to boost their production speed, moving swiftly into their […]
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As the adoption of web3 technologies continues to rise, Bware Labs, a web3 infrastructure solutions company recently announced the launch of its Blast testnet. With Blast, the company aims to offer what it considers to be the fastest and the most reliable decentralized API solution in the market. To know more about Bware Labs and […]
Bware Labs, which aims to solve the centralized node problem within decentralized systems, has recently announced that its API infrastructure platform is now fully functional. The main issue that has been affronting blockchain for quite some time is that while it is a decentralized system, many of the node providers are themselves centralized, detracting from […]
On August 31, 2021, Offchain Labs announced the official launch of Arbitrum One mainnet and further detailed that the company has raised $120 million in funding. The Series B financing led by Lightspeed Venture Partners gives the firm a $1.2 billion valuation. Arbitrum One Mainnet Is Now Live, Offchain Labs Raises $120 Million in Funding The highly anticipated Arbitrum One mainnet launch has been revealed by the firm Offchain Labs and the startup also detailed the company has raised $120 million in financing. Bitcoin.com News has written about the Arbitrum One Layer-2 scaling solution on a....
Mysten Labs, developer of a new blockchain project called Sui, raised $300 million in its latest funding round. The round, which was led by FTX ventures, also had the support of A16z crypto, Jump Crypto, Apollo, Binance Labs, Franklin Templeton, and Coinbase Ventures, among others. The funds will be directed to continue growing Sui’s infrastructure and core, hiring in the Asia Pacific area for this task.
Mysten Labs Reaches $2 Billion Valuation in Series B Funding Round
Mysten Labs, a company founded by Meta’s former employees that worked on the Novi project, has....
Layerzero Labs, the firm behind the interoperability protocol Layerzero, has revealed the company has raised $135 million in a Series A+ finance round led by Andreessen Horowitz (a16z), FTX Ventures, and Sequoia Capital. The new financing brings Layerzero Labs’ overall valuation to $1 billion and the funds will be leveraged to develop cross-chain decentralized applications (dapps) powered by Layerzero. Layerzero Raises $135 Million From Andreessen Horowitz, FTX Ventures, Sequoia Capital On March 30, 2022, the company Layerzero Labs announced it had secured $135 million in a Series....