Layer1 public chain Berachain completed US$100 million in Series B financing, led by Framework Ventures and others

ChainCatcher news, Layer1 public chain Berachain officially announced that it has completed a US$100 million Series B financing. Brevan Howard Digital’s Abu Dhabi branch and Framework Ventures co-led the investment. Other participants include Polychain Capital, Hack VC, and Tribe Capital. , Samsung Next, Laser Digital, Hashkey Group, Hypersphere, Cypher Capital, etc. Funds will be used for international expansion.

According to the RootData page , Berachain is a DeFi-based EVM-compatible L1 built on the Cosmos SDK and powered by Proof of Liquidity Consensus. It completed a $42 million Series A round of financing in April last year, valuing it at $420 million.