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"Movement Labs Nears Completion of $100 Million Series B"

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YM Lee
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  • 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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  • The article was summarized using an artificial intelligence-based language model.
  • Due to the nature of the technology, key content in the text may be excluded or different from the facts.

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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