Former Andreessen Horowitz Execs Launch Bastion After $25M Funding Round

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Former Andreessen Horowitz execs launch Bastion after $25M funding round PlatoBlockchain Data Intelligence. Vertical Search. Ai.

دو نفر از مدیران سابق بخش رمزنگاری Andreessen Horowitz (a16z) موفق شده اند 25 میلیون دلار سرمایه اولیه برای استارت آپ تازه راه اندازی شده Web3 Bastion خود جمع آوری کنند - علیرغم خشکسالی اخیر در تامین مالی سرمایه گذاری خطرپذیر.

On Sept. 18, the new firm, Bastion, اعلام کرد the launch of its product suite. The firm’s goal is to enable companies to integrate Web3 infrastructure into their existing enterprise technologies.

Bastion was co-founded by two former executives with a16z’s crypto division, including former chief technology officer Riyaz Faizullabhoy and former chief security officer Nassim Eddequiouaq who left the firm in April.

The $25 million funding round was led by their former employer, a16z crypto. Nomura Group’s Laser Digital Ventures, Robot Ventures, Aptos Ventures, and Alchemy Ventures, were also investors in the seed funding round.

In a statement, Bastion said the funding will be used to scale company operations, recruit top engineering talent, and secure additional licensing to further diversify its product offerings.

فیض‌الابهوی، یکی از بنیان‌گذاران Bastion، اضافه کرد که با وجود یک زمستان ارز دیجیتال، دور موفقیت‌آمیز سرمایه‌گذاری انجام شد.

واضح بود که حتی با بازگشت کریپتو به بازار نزولی دیگر، این بار کریپتو بسیار اینجاست که بماند.

Crypto venture funding has fallen dramatically this year. According to دفی لاما, there was just $283 million in fundraising in August. This is down 68% from the $877 in crypto venture funding in February.

مرتبط: مدیر اجرایی Andreessen Horowitz "مسیرهای امیدوارکننده" را برای سیستم عامل های اجتماعی Web3 می بیند

Bastion will offer بازداشت services, digital asset transactions, and wallets.

Bastion co-founder Eddequiouaq commented, “We founded Bastion to enable businesses to onboard their products and end-users into a web3 environment without the complicated, overwhelming experience we know today.”

While Arianna Simpson, general partner of a16z crypto گفت:, “We believe in Nass and Riyaz’s vision of making web3 safe and accessible for companies in every industry and are extremely excited to support them in making it a reality.”

Earlier this month, a16z رهبری a funding round for blockchain-based intellectual property (IP) ownership platform Story Protocol which raised $54 million.

In June the firm اعلام کرد the opening of a new London office amid ongoing regulatory pressure in the United States.

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