- Movement Labs is reported to be finalizing a $100 million Series B round.
- The Series B round is said to be co-led by CoinFund and Nova Fund.
- They previously raised $3.4 million in a seed round and $38 million in a Series A.
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Blockchain development company Movement Labs is nearing the close of a $100 million Series B round.
On the 8th (local time), global economic magazine Fortune reported, citing multiple sources, that "Movement Labs is finalizing a $100 million Series B round, which will be co-led by CoinFund and Nova Fund."
Movement Labs previously raised $3.4 million in a seed round in 2023 and $38 million in a Series A round led by Polychain Capital last April.
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