US defense contractor Simba Chain raises $25 million to boost NFT efforts

US defense contractor Simba Chain raises $25 million to boost NFT efforts

The $25 million funding round, led by Valley Capital Partners, would enable Simba Chain to dedicate resources to new trends in the blockchain space. The United States-based blockchain startup Simba Chain, which provides technology for several U.S. defense organizations, raised fresh funds to scale the business and tap new opportunities like nonfungible tokens (NFTs).The $25 million Series A funding round was led by Valley Capital Partners with the participation of Notre Dame Pit Road Fund, Elevate Ventures and Stanford Law School Venture Fund, according to an official announcement. Simba....


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