, 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, 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,…

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