Blocknative lands $15m in Series A-1 investment

Blocknative

California-based Blocknative, a web3 infrastructure business, has scored $15m in a Series A-1 funding raise.

Investors in the round included Blockchain Capital, Foundry Group, Rho, IOSG Ventures, Robot Ventures, Fenbushi Capital, HackVC, and Industry Ventures.

According to FinSME, Blocknative has developed an infrastructure platform that enables validators and searchers to optimize staking rewards and trading profit. Its Transaction Orchestration platform prices, previews, distributes and monitors transactions so web3 users can transact with confidence.

Established in 2018, the firm helps inform and power such forward-thinking projects as Lido, MetaMask, imToken, Curve, Balancer, Ethereum Foundation, and Polygon Foundation.

Blocknative claims it intends to use the new influx of capital to scale its block building infrastructure.

Female-founded financial wellness platform Pocketnest recently netted $2.6m in a round led by Reseda Group.

According to Pocketnest, the funds will drive product development, sales and marketing initiatives, and support a 24-month runway.

Pocketnest licenses its platform to financial institutions to boost their cross-sell opportunities; it also licenses to employee wellness programs to help employers boost recruitment, productivity, and retention.

Built on behavioural science and psychology, Pocketnest coaches users through 10 themes of financial wellness. Its gamified, almost-addictive approach draws users into the app to keep their financial plan up to date—in just three minutes a week.

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