Blocknative Raises $15M in Series A-1 Funding

Blocknative

Blocknative, a San Francisco, CA-based web3 infrastructure company, raised $15M in Series A-1 funding.

Backers included Blockchain Capital, Foundry Group, Rho, IOSG Ventures, Robot Ventures, Fenbushi Capital, HackVC, and Industry Ventures.

The company intends to use the funds to scale its block building infrastructure.

Led by CEO Matt Cutler, Blocknative has developed an infrastructure platform that enables validators and searchers to optimize staking rewards and trading profit. Its Transaction Orchestration platform prices, previews, distributes and monitors transactions so web3 users can transact with confidence. Founded in 2018, the company helps inform and power such forward-thinking projects as Lido, MetaMask, imToken, Curve, Balancer, Ethereum Foundation, and Polygon Foundation.

FinSMEs

16/12/2022