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Blockchain infrastructure firm Blockdaemon scores $3.25 billion post-money valuation in new fundraise

admin by admin
January 27, 2022
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Blockchain infrastructure firm Blockdaemon scores $3.25 billion post-money valuation in new fundraise
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Blockdaemon, a blockchain infrastructure firm, has raised a $207 million funding spherical that provides the agency a post-money valuation of $3.25 billion, based on a Wednesday afternoon announcement.

The latest fundraise comes a number of months after Blockdaemon raised $155 million in Sequence B funding in September; the deal at the moment garnered the agency a valuation of $1.26 billion.

Tiger World and Sapphire led the brand new spherical, with extra help from SoftBank, Boldstart Ventures, Galaxy Digital, StepStone Group, Matrix Capital Administration, and Lerer Hippeau.

Earlier buyers embrace Goldman Sachs, which participated in Blockdaemon’s $28 million Series A last summer. All informed, the corporate has raised almost $400 million because the begin of final 12 months.

“Over the past 12 months Blockdaemon has seen large development throughout all metrics and raised substantial capital to proceed bridging establishments onto protocols in a protected and safe method,” Blockdaemon’s CEO and founder Konstantin Richter mentioned in a press assertion. “We stay dedicated to main the way in which to general community resilience and open supply tooling improvement as this subject of innovation continues to vary the way in which worth traverses the world.”

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