Monad raised $225 million in a Series A funding round to expand its layer-1 platform.
Aug 12, 2024•over 1 year ago
Amount Raised
$225 Million
Round Type
series a
computer & network security
Description
Monad has successfully secured a total of $225 million in a Series A funding round, showcasing the growing investor interest in crypto infrastructure projects. The funding will be utilized to enhance their layer-1 platform as part of their growth strategy.
Funding Insights
Based on industry dataTech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech