Crypto.com, Huobi and BitMart invested in cryptocurrency scaling technology developer Boba Network at a $1.5bn valuation while natural fibre composite provider Bcomp netted $34.9m in a BMW-led round.
Funding
US-headquartered cryptocurrency scaling and hybrid compute technology developer Boba Network completed a $45m series A round featuring digital currency exchanges Crypto.com, Huobi and BitMart yesterday at a $1.5bn valuation. Almost 400 investors backed the round, the company said, including Hypersphere, Infinite Capital, Hack VC, GBV, Alliance DAO, The Venture City, Sanctor Capital, Shima Capital, DeFi Tech, 10X Capital, TRGC, D1, Portal, Genblock Capital, Rarestone Capital, Kosmos, Kinetic Capital, Ghaf Capital, LD Capital, Old Fashion Research, Krypital, Alphanonce, IOST Foundation,…
