Aura Network, a company claiming to be building the internet of NFTs, has raised $4m in a round led by investors Hashed and Coin98.
The company noted that Aura’s fundraising efforts also engaged some notable blockchain projects, such as Republic Crypto, GuildFi, Istari Ventures and K300 Ventures.
Furthermore, strategic relationships with these investors and partners will provide advice on operations, product and business development, marketing efforts and more.
According to Aura, the funds are earmarked for its ecosystem expansion, including increasing the number of global Web3 projects and products built in its ecosystem.
The company added the its development team is currently focusing on building several new products as part of its ecosystem.
With the strong support of angel investors and partners, Aura Network will fuel the growth of NFTs mass adoption and aim to become one of the leading Web3 builders.
Aura Network CEO and founder Giang Tran said, “Web3 and NFTs are here to stay. Standing on the shoulders of giants, we will use this amount of funds to set up for the next cycle of continued development regardless of any market situation.”
Sandbox Banking, a FinTech building a low-code integration platform for banking, has recently raised $4.3m in seed funding.
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