Nekdanji direktorji Andreessen Horowitz so lansirali Bastion po krogu financiranja v višini 25 milijonov dolarjev

Nekdanji direktorji Andreessen Horowitz so lansirali Bastion po krogu financiranja v višini 25 milijonov dolarjev

Časovni žig: 18. september 2023 11:26
Former Andreessen Horowitz execs launch Bastion after $25M funding round PlatoBlockchain Data Intelligence. Vertical Search. Ai.

Dvema nekdanjima direktorjema iz kripto divizije Andreessen Horowitz (a16z) je uspelo zbrati 25 milijonov dolarjev začetnega financiranja za svoj na novo ustanovljeni zagon Web3 Bastion – kljub nedavni suši pri financiranju tveganega kapitala. 

On Sept. 18, the new firm, Bastion, razglasitve 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.

Soustanovitelj Bastiona Faizullabhoy je dodal, da je uspešen krog financiranja prišel kljub trajajoči kripto zimi.

"Bilo je jasno, da čeprav se je kriptovaluta vrnila na drug medvedji trg, je tokrat kriptovalutka zelo tu, da ostane."

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

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Bastion will offer skrbništvo 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 je dejal, “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 vodila a funding round for blockchain-based intellectual property (IP) ownership platform Story Protocol which raised $54 million.

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

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