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Crypto’s Berachain Says Funding Round Increases to $100 Million

Berachain, the blockchain platform started by pseudonymous founders who use bear-themed nicknames, secured $100 million in funding, or about 45% higher than previously reported. Brevan Howard Digital’s Abu Dhabi branch and Framework Ventures co-led the Series B funding round, which also included Polychain Capital, Hack VC and Tribe Capital, among other participants, according to a statement Friday. Investors backed Berachain through a “SAFT” or a simple agreement for future tokens. Last month, ...

Read more at bloomberg.com

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