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❗️@TownsProtocol raised $10M in a Series B funding round Towns has secured a total of $35.5 million in funding. This includes a $25.5M Series A round in Feb 2023 and a subsequent $10M Series B led by #a16zCrypto. 👉 https://t.co/WGzXhpceIn https://t.co/hJiBHjGHzI
Bermuda-based Meanwhile, which offers life insurance to US citizens with BTC holdings, raised a $40M Series A led by Framework and Fulgur at a $190M valuation (@catmcgrath5 / Fortune) https://t.co/L0sLVaBslG https://t.co/OwJz4l7T1k https://t.co/ZOzeer1FAj
Towns $10M Series B Round ⚡️ 📑 About: @townsxyz is a Web3 group chat protocol and app developed by @hntlabs. 🤝 Investors: @a16zcrypto (Lead), @cbventures, and @benchmark. 👉 https://t.co/xXMOz5CDUe https://t.co/pyi6WBJpmG
Meanwhile, a Bermuda-based startup specializing in Bitcoin-denominated life insurance, has successfully raised $40 million in a Series A funding round. The investment was co-led by Framework Ventures and Fulgur Ventures, with the company now valued at $190 million. Meanwhile allows users to pay life insurance premiums in Bitcoin and is designed to cater to U.S. citizens holding Bitcoin. Notable investors include Wences Casares, a prominent figure in the cryptocurrency space. The funding will be utilized for the company's global expansion efforts.
