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Alchemy Raises $80 Million Series B Funding At ½ Billion Dollar Valuation To Power The Blockchain Industry
Alchemy Raises $80 Million Series B Funding At ½ Billion Dollar Valuation To Power The Blockchain Industry
04/28/21, 2:22 PM
Location
san francisco
Money raised
$80 million
Round Type
series b
Alchemy, the leading blockchain developer platform powering over $30 billion in transactions for tens of millions of users in 99% of countries worldwide, today announced an $80 million Series B round of funding led by Coatue and Addition, valuing the company at 1⁄2 billion dollars. Other funds and high-profile business, technology, media, and entertainment investors such as DFJ Growth, the Glazer family, K5 Global, Genies, the Chainsmokers, and many others are also participating in the round, and joining existing Alchemy investors including Stanford University, Coinbase, Pantera Capital, SignalFire, Communitas Capital, John Hennessy, Charles Schwab, Reid Hoffman, Jerry Yang, and other industry leaders.
Company Info
Company
Alchemy
Location
san francisco, california, united states
Additional Info
Alchemy is the world's leading blockchain developer platform and provides infrastructure and developer tools for the blockchain industry, powering over $30 billion in transactions for tens of millions of users in 99% of countries worldwide. The company is backed by Coatue, Addition, DFJ Growth, Stanford University, Coinbase, Pantera Capital, the Google Chairman, and founders and execs of Charles Schwab, Linkedin, Paypal, Yahoo, Dropbox, NYSE, and many more. Alchemy powers the top blockchain companies globally and has been featured in Bloomberg, TechCrunch, Wired, and numerous other media outlets.
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