Bundlr Network Raises $5.2M in Seed Funding
- BundlrNetwork, a London, UK-based decentralized platform to store data on web3, raised $5.2m in seed funding
- The round was co-led by Framework Ventures, Arweave, Hypersphere Ventures, and Permanent Ventures, with participation from OpenSea Ventures and Race Capital
- The company intends to use the funds to go towards scaling its team specifically in business development, Rust developers, and marketing initiatives
- Bundlr is a decentralized platform that makes it fast and easy to store data on web3, which is critical for the NFTs ecosystem
- The multichain solution enables access to Arweave, is integrated to most platforms and is multi-chain compatible with Ethereum, Solana, and Avalanche
