Amount Raised
$3.2 Million
Round Type
seed
New YorkInformation TechnologyInvestors
Okx VenturesIosg VenturesSeven X VenturesFigment CapitalMaven11Binance Labs
Description
Binance Labs has invested in Renzo, an Ethereum restaking protocol, shortly after the startup raised $3.2 million in a seed funding round. The funding comes at a time when Ethereum liquid restaking is one of the hottest areas in crypto, with billions of dollars pouring into the vertical.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers