The Berachain blockchain platform has successfully secured $100 million in Series B funding, significantly surpassing its initial projections by about 45%. Previously, the platform was reported to have raised over $69 million. This recent funding round was led by Brevan Howard Digital and Framework Ventures, with additional participation from Polychain Capital, Hack VC, Tribe Capital, and SamsungNext. Notably, the Abu Dhabi branch of Brevan Howard Digital also co-led the round. The funds are earmarked for international expansion. Berachain, known for its community-driven Layer1 blockchain built on the Cosmos SDK and featuring an EVM-compatible layer, is distinguished by its innovative “Proof of Liquidity” consensus mechanism. The platform, initiated by pseudonymous founders known for their bear-themed nicknames, aims to leverage this new capital to further its development and global outreach.
Layer 1 blockchain developer @berachain raised $100 million in Series B funding. @hiFramework and the Abu Dhabi branch of Brevan Howard Digital (@BHDigitalAssets) co-led a $100 million Series B round. Additional financial support came from @polychaincap, @hack_vc, @SamsungNext,… https://t.co/yeI6wtdve9
.@berachain's approach to security and liquidity introduces a completely novel mechanism for incentivizing participation that is infused with the core principles of web3 . We are excited to be supporting the team as they enter their next exciting chapter. 🐻 https://t.co/oziZIc6TSv
Layer 1 blockchain developer Berachain raises $100 million in Series B funding https://t.co/UHrTwo8NZj
Berachain, a bear-themed crypto project building a Layer 1 blockchain, raised a $100M Series B through a SAFT, a simple agreement for future tokens (@hgmiller29 / Bloomberg) https://t.co/KDcyieE4FK 📫 Subscribe: https://t.co/OyWeKSRpIM https://t.co/sS3EimQjNv
BERACHAIN BLOCKCHAIN PLATFORM INCREASES ITS TOTAL FUNDING TO $100M - @berachain blockchain platform surpassed $100 million in funding, exceeding initial projections by approximately 45%. - Previously reported to raise over $69 million, Berachain's recent funding round… https://t.co/k2zvOOBZvX https://t.co/XUQctLvg9d
Community-driven Layer1 Berachain's Series B financing scale has increased to $100 million, led by Brevan Howard Digital and Framework Ventures, with participation from Polychain Capital, Hack VC and Tribe Capital. The funds will be used for international expansion…
1/ bm We just co-led a $100 million round in @berachain, an EVM-compatible layer 1 blockchain built on the Cosmos SDK and powered by the novel “Proof of Liquidity” consensus mechanism. @Bloomberg article + short 🧵 on why we're becoming beras 🐻⛓️👇 https://t.co/YROIa0idUL
🚨JUST IN: BERACHAIN BLOCKCHAIN PLATFORM SECURES $100M IN FUNDING
Berachain, the blockchain platform started by pseudonymous founders who use bear-themed nicknames, secured $100 million in funding https://t.co/rO7WcDMfwD