Moralis Raises $40M in Series A Funding


Moralis, a Stockholm, Sweden-based Web3 development platform, raised $40 million Series A funding round. 

Participants in the round included EQT Ventures, Fabric Ventures, Coinbase Ventures, the investment arm of the U.S. cryptocurrency exchange platform, Coinbase, and Dispersion Capital, alongside new and returning angel investors. 

The company will use the funding to focus on ramping up product development and improving the user experience while also allowing it to scale to both increase its client capacity and support larger clients. 

Led by Ivan Liljeqvist, CEO, and Filip Martinsson, COO, Moralis provides a Web3 development platform which gives the infrastructure necessary for developers to build and launch apps, games and NFTs cross-chain.