Other investors in the $24 million Series A round included Coinbase Ventures and Shopify.
Thirdweb, a platform for Web3 app developers, raised $24 million in a Series A round at a $160 million valuation. The funding was led by Haun Ventures, the investment firm launched earlier this year by former Andreessen Horowitz (a16z) partner Katie Haun.
Thirdweb offers pre-built, audited smart contracts that serve as a quick-start guide for developers who want to create and safely deploy applications to blockchains then manage the related analytics. Potential uses include blockchain games and non-fungible token (NFT) drops.
Katie Haun is a former federal prosecutor who left a16z in December to form her own firm, with Haun Ventures became a prominent crypto investor straight out of the gate, raising $1.5 billion for two new venture funds in March. Two months later, her former company a16z broke industry records with $4.5 billion committed to its fourth crypto fund despite the global bear...
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INN caught up with cryptocurrency investment expert Dan Hoover to review the current landscape and where the market may be heading. The cryptocurrency investment marketplace has gone through severa...