Blockchain data analysis company Elementus has raised $10 million in Series A-2 funding, led by ParaFi Capital

2023-02-07 08:34:05

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ChainCatcher news, blockchain data analytics company Elementus has raised $10 million in Series A-2 funding, led by ParaFi Capital. The funds will be used to accelerate the development of its web3 data intelligence tools.

Elementus enables financial institutions, government organizations, and creditors to easily access on-chain data needed to establish credit lines in situations such as bankruptcy and creditworthiness. The company is building a Web3 data intelligence tool to make it easier for mainstream companies to access on-chain data. According to RootData, Elementus previously raised $12 million in Series A-1 funding with participation from Alameda Research, Gemini, BlockFi, and others, and raised $5 million in seed and pre-seed rounds. (NFTGators)

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