Crypto Startup Li.Fi Raises $17.5M in Funding Round
Submitted by Anonymous (not verified) on Mon, 04/03/2023 - 22:00CoinFund and Superscrypt led the round for the cross-chain bridge and decentralized exchange aggregator.
CoinFund and Superscrypt led the round for the cross-chain bridge and decentralized exchange aggregator.
The funding came from DWF Labs making its eighth investment of $10 million or more in the last six weeks.
The funding came from DWF Labs making its eighth investment of $10 million or more in the last six weeks.
The startup will have a second close in the coming weeks for the round at a $1.4 billion valuation.
The startup will have a second close in the coming weeks for the round at a $1.4 billion valuation.
Managing partner Andrei Grachev discussed the firm’s investment strategy – and continuing risks for the industry.
Managing partner Andrei Grachev discussed the firm’s investment strategy – and continuing risks for the industry.
The $40 million funding marks yet another investment by market maker DWF Labs, its fifth this month.
The $40 million funding marks yet another investment by market maker DWF Labs, its fifth this month.
Web3 investors such as 1kx, ConsenSys, Collab+Currency, Wicklow Capital and Seed Club were among firms joining the investment round.
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