Dark
Light
Today: October 3, 2024
July 21, 2024
1 min read

Investment Update: Allium secures $165m, Bima Labs raises $225m



TLDR:

  • Allium raises $16.5 million in series A funding round led by Theory Ventures
  • Haruko secures $6 million, PEXX raises $4.5 million, Nirvana Labs gets $4 million, and Bima Labs receives $2.25 million in VC funding

In a recent VC roundup, Allium, Haruko, PEXX, Nirvana Labs, and Bima Labs have all successfully secured substantial funding in a quieter week for crypto venture capital. Allium, a blockchain data platform for enterprises, led the way with a $16.5 million series A funding round led by Theory Ventures. Haruko, a digital asset investment management platform, raised $6 million, while PEXX, a fintech startup specializing in stablecoin-to-fiat payments, secured $4.5 million in seed funding. Nirvana Labs, a blockchain cloud provider, received $4 million in a seed round, and Bima Labs, the developer of Bitcoin-backed stablecoins, announced a successful $2.25 million seed fundraising round.

Allium plans to use the funding to enhance its data infrastructure and scale its go-to-market efforts. Haruko aims to fuel its strategic expansion into Southeast Asia with its funding, while PEXX will bolster its engineering and product teams. Nirvana Labs intends to expand its global connectivity and product offerings, including web3 cloud monitoring. Bima Labs is pioneering the universal stablecoin USBD backed by restaked Bitcoin, with plans to capture a significant share of the stablecoin market.


Previous Story

Why VCs Insist on Warm Intros: A Deeper Dive

Next Story

Unveiling Desmos Capital: Fueling Net Zero Ventures with Chris Skidmore

Latest from Blog

Go toTop