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Arch Labs, a Bitcoin infrastructure company, has completed a $13 million Series A funding round led by Pantera Capital with participation from Multicoin Capital, Portal Ventures, OKX Ventures, Big Brain Holdings, CMS Holdings, and Tangent. The funding values Arch Labs at approximately $200 million. The company plans to use the capital to launch ArchVM, a virtual machine designed to introduce smart contract functionality directly into the Bitcoin network, enabling fast, scalable Bitcoin applications without the need for bridges or fractured liquidity. The Arch Network aims to provide Solana-speed rails for Bitcoin apps, supporting a long-term viable Bitcoin DeFi ecosystem. The mainnet launch of ArchVM is expected in May 2025. This funding round follows Arch Labs' previous financing, bringing their total raised capital to around $20 million.
BREAKING NEWS: @Symbioticfi Just Raised $29M 📰 @PanteraCapital led it. Coinbase, Aave, Polygon, StarkWare all in. Restaking? Nah. They’re building “Universal Staking” — a modular coordination layer for crypto. 14 networks already integrated. 35 more coming 🌐
Congratulations to the @chainguard_dev team! The company, which is less than four years old, is making waves, a testament to the simplicity and power of its solution. All of us at @sequoia are glad to be in business with @lorenc_dan, @kimsterv , @mattomata , @AikasVille , https://t.co/hkxHDtb51V
Software supply chain security startup @chainguard_dev raised a massive $356M Series D at a valuation of $3.5B as companies look for ways to secure software development. The funding was co-led by new investor @kleinerperkins and existing investor @IVP. https://t.co/8tuE2fgZGh
