HomeUKBundlr Network Raises $5.2M in Seed Funding

Bundlr Network Raises $5.2M in Seed Funding


Bundlr Network

Bundlr Network, a London, UK-based decentralized platform to store data on web3, raised $5.2m in seed funding.

The round was co-led by Framework Ventures, Arweave, Hypersphere Ventures, and Permanent Ventures, with participation from OpenSea Ventures and Race Capital.

The company intends to use the funds to go towards scaling its team specifically in business development, Rust developers, and marketing initiatives.

Led by CEO and founder Josh Benaron, Bundlr is a decentralized platform that makes it fast and easy to store data on web3, which is critical for the NFTs ecosystem. The multichain solution enables access to Arweave, is integrated to most platforms and is multi-chain compatible with Ethereum, Solana, and Avalanche.