A Dallas blockchain company says it’s nearing “unicorn status” with a $66 million investment round led by Japanese behemoth SoftBank and a California venture capital firm that’s backed the likes of Airbnb, Peloton and Alibaba.
InfStones said Wednesday that the new funding brings its total capital raised to over $100 million. The blockchain infrastructure company had previously raised $45 million. It didn’t provide a current valuation but said it’s now “near unicorn status,” a term given to startups that have reached a coveted valuation exceeding $1 billion.
There are just over 1,100 unicorn companies worldwide, according to tracking by CB Insights. Its list includes Irving-based precision medicine company Caris Life Sciences and Dallas-based software firms o9 Solutions, ISN, LTK and Island.
Investors in InfStones’ new round are SoftBank Vision Fund 2, which invests in technology for the future, and GGV Capital, a Menlo Park, Calif., venture capital firm. INCE Capital, 10T Fund, SNZ...
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