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Berachain, a Layer-1 blockchain platform, has successfully raised $69 million in a funding round, elevating its valuation to $1.5 billion. The round was co-led by Brevan Howard Digital and Framework Ventures. This marks a significant milestone for Berachain, as it becomes a unicorn in the blockchain space. The funds were raised through the sale of digital tokens. This funding round signifies a recovering venture capital appetite for crypto deals. Moreover, Berachain's achievement follows a previous funding round where it raised $42 million in a private token round led by Polychain Capital, with participation from Hack VC, Shima Capital, Robot Ventures, and Goldentree Asset Management.
COMMENT: This is the second funding round for Berachain. The Berachain team raised $42 million last year in a private token round led by Polychain Capital, with Hack VC, Shima Capital, Robot Ventures, and Goldentree Asset Management participating. https://t.co/ckdUMIegOV
BERACHAIN RAISES $69M IN A FUNDING ROUND, BRINGING ITS VALUATION TO $1.5B - Berachain has secured $69 million in a funding round, taking its valuation to $1.5 billion, according to Bloomberg. - The funding round was co-led by Brevan Howard Digital and Framework Ventures. -… https://t.co/FzXAr9MXGX https://t.co/Pfr2Q5D5Ix
UPDATE: BERACHAIN, A LAYER-1 BLOCKCHAIN PLATFORM, RAISES $69M VALUED AT $1.5B, IN A FUNDING ROUND, CO-LED BY BREVAN HOWARD DIGITAL AND FRAMEWORK VENTURES
