top of page

Berachain Secures $42 Million Series A at $420.69M Valuation

Decentralize finance (DeFi) - focused layer-1 blockchain Berachain has succeeded in raising a total of $42 million in its recently completed Series A funding round at a valuation of $420.69 million. Led by Polychain Capital, the funding round enabled Berachain to source capital from a number of investors. These included Hack VC, Citizen X, Dao5, Tribe Capital, Robot Ventures, and Shima Capital, as well as "multiple centralized exchange venture funds", the blockchain announced in a tweet. Notably Berachain used the latest development as an opportunity to advertise it is looking to expand its team with new hires.


Check out the hashd app. It gives you important crypto news and updates in short, simple and easy to read slides. Amazing!



Comments


bottom of page