Samsung and Coinbase were among the investors that put up a total of $15m for Alchemy, which the blockchain protocol developer revealed when it emerged from stealth.
US-based blockchain infrastructure technology developer Alchemy emerged from stealth yesterday with $15m in series A funding from investors including consumer electronics producer Samsung and digital currency exchange operator Coinbase.
The round was led by investment firm Pantera Capital and included Stanford University and its StartX accelerator in addition to SignalFire, Mayfield Fund, Kenetic, Dreamers VC and assorted angel investors.
Founded in 2017, Alchemy has created a development protocol that enables enterprises to build blockchain-powered software applications for use in industries…
