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    Home » Crypto's Berachain says the funding round has increased to $100 million
    Crypto

    Crypto's Berachain says the funding round has increased to $100 million

    ZEMS BLOGBy ZEMS BLOGApril 12, 2024No Comments1 Min Read
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    Pershin, The blockchain platform, started by pseudonymous founders using bear-themed nicknames, has secured $100 million in funding, or about 45% higher than previously reported.

    Abu Dhabi subsidiary Brevan Howard Digital 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 on Friday. Investors backed Berachain through a “SAFT” or simple agreement for future tokens. Last month, Bloomberg said PeraChain had raised more than $69 million at a valuation of at least $1 billion. The company declined to provide a revised assessment.



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