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Nibiru Raises $12M for Its Developer-Focused Layer-1 Blockchain

Feb 05, 2024over 1 year ago

Amount Raised

$12 Million

Palo AltoSoftware Development

Investors

Banter CapitalTribe CapitalMaster VenturesNgc VenturesArk StreamKraken Ventures

Description

Nibiru has raised $12 million in funding to accelerate the development of its developer and user-centric layer-1 blockchain, Nibiru Chain, which is ideal for real-world assets (RWAs), gaming, and DeFi.

Company Information

Company

Nibiru

Location

Palo Alto, California, United States

About

Nibiru Chain is a breakthrough L1 blockchain and smart contract ecosystem sporting superior throughput and unparalleled security. Nibiru aims to be the most developer-friendly and user-friendly smart contract ecosystem, leading the charge toward mainstream Web3 adoption by innovating at each layer of the stack: dApp development, infra, consensus, a comprehensive dev toolkit, value accrual.

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Funding Insights

Based on industry data
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Tech investment trends
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