Layer1 public chain Berachain completes $100 million Series B financing, led by Framework Ventures and others
ChainCatcher news, Layer1 public chain Berachain officially announced that it has completed a $100 million Series B funding round, led by Brevan Howard Digital's Abu Dhabi subsidiary and Framework Ventures, with other participants including Polychain Capital, Hack VC, Samsung Next, Laser Digital, Hashkey Group, Nomad Capital, Hypersphere, Cypher Capital, Rubik Ventures, Arrington Capital, Tribe Capital, and angel investors including Antony Lewis, Director of Crypto and Blockchain Venture Capital at Temasek, Sandeep Nailwal, founder of Polygon, Feng Bo, founder of Dragonfly, and Yat Siu, founder of Animoca Brands. The funds will be used for international expansion.According to the RootData page, Berachain is a DeFi-based EVM-compatible L1 built on the Cosmos SDK, supported by liquidity consensus proof. It completed a $42 million Series A funding round last April, with a valuation of $420 million.