Haun Ventures, Coinbase, and a16z have invested $11 million in Neynar, a company developing a toolbox for Web3 social networks. The Series A funding round was co-led by Haun Ventures and USV, with participation from Coinbase Ventures and a16z. Neynar aims to build the default tech stack for social protocols, contributing to the growth of onchain social networks, including Farcaster tooling. This investment underscores the importance of a thriving developer ecosystem in transitioning from closed to open social networks. The Neynar team is led by Rish and Manan.
Neynar raised a $11M Series A co-led by Haun Ventures & USV for Farcaster tooling. Participation from Coinbase Ventures and a16x CSX. Round details below 🧵 https://t.co/oxKf5ZESXS https://t.co/ubG1glHJ9q
Very excited to support @rish_neynar, @manan19 and the @neynarxyz team as they build the default tech stack for social protocols https://t.co/YWSSGLdMNM
Haun Ventures, Coinbase, and a16z invest $11 million in @neynarxyz, a toolbox for Web3 social networks. https://t.co/Wgt2ZQktGE
Today, we're excited to announce we're leading a Series A investment in @neynarxyz. We’re still early in the journey of onchain social protocols. A thriving developer ecosystem will be the lifeblood of the shift from closed to open social. https://t.co/7NMkcU0Y4t
1/ I am excited to announce our lead investment in the Series A of @neynarxyz ! The recent growth of social protocols like @farcaster_xyz and @ourZORA has reminded us of the important of a thriving developer ecosystem in building social networks. We believe Neynar will be… https://t.co/1B4pJiLqB3