BuildBear Labs Raises $1.9M in Funding

BuildBear Labs

BuildBear Labs, a Singapore-based company which specializes in Web3 development tools, raised $1.9M in funding.

Thew round was led by Superscrypt, Tribe Capital, 1kx, with participation from Iterative, Plug-N-Play, and angel investors including Kris Kaczor (creator of Typechain and DethCrypto) and Ken Fromm.

The company intends to use the funds to accelerate development of their flagship platform, empowering developers with testing and validation solutions needed to create secure decentralized applications.

BuildBear Labs provides a specialized platform dedicated to dApp development and testing, offering developers the ability to craft customized Private Testnet sandboxes across multiple EVM and EVM-compatible blockchain networks. With key features including private faucets for unlimited Native and ERC20 token minting, it empowers developers to build and test dApps with efficiency.

FinSMEs

01/03/2024