Monad
Monad raises $225M Series A at $3B valuation
Quick Facts
Monad: Series A Funding Round
Monad has successfully raised $225M in Series A funding, reaching a valuation of $3B.
Company Overview
High-performance layer 1 blockchain with EVM compatibility
Funding Details
The Series A round was led by Paradigm, with participation from Electric Capital.
Company Information
- Headquarters: New York, NY
- Founded: 2023
- Employees: 50+
- Category: Crypto
Investment
Monad plans to use the funds to accelerate product development, expand its team, and scale operations globally.
About the Investors
- Paradigm: Verified investor in Series A
- Electric Capital: Verified investor in Series A
Key Investors
About the Author
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