Sunday, 31 October 2021

Web3 Infrastructure Provider Alchemy Raises $250 Million in Funding Round Led by a16z

Technology Manias - EᐯEᖇYTᕼIᑎG YOᑌ ᑎEEᗪ IᑎᗪEEᗪ

Alchemy, one of the leading infrastructure providers for blockchain and web3, has raised $250 million in its series C funding round, giving it a valuation of $3.5 billion. The round was led by a16z, which considers we are at a turning point in the web3 space. The company has multiplied its revenue by 15x in the last six months, a testament to the impact it has caused on the ecosystem. Alchemy Reaches $3.5 Billion Valuation Alchemy, a web3 and blockchain infrastructure provider, has reached a milestone by raising $250 million…

The post Web3 Infrastructure Provider Alchemy Raises $250 Million in Funding Round Led by a16z appeared first on Technology Manias.



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