VC funding roundup: Allium secures $16.5m, Bima Labs raises $2.25m

Theory Ventures led the round, with seed investors Kleiner Perkins and Amplify Partners boosting Allium’s total capital to $21.5 million. The culmination of the funding round also saw Tomasz Tunguz, founder of Theory Ventures, join the Allium board. The platform serves companies like Visa, Stripe, and Phantom, offering them tools to manage business reporting, identify growth opportunities, and power applications.

Allium plans to use the windfall from the funding round to improve its data infrastructure and scale its go-to-market efforts to address the exponential growth of blockchain data and the complexity of reporting blockchain activity. The company also aims to fuel its strategic expansion into Southeast Asia and recruit top talent. Founded in 2021, Haruko has quickly established itself in North America and Europe, serving over 50 institutions.

The company provides end-to-end solutions for digital assets, with its portfolio and risk management tools aiming to enhance the finance industry. The funding for Haruko was led by TNB Aura with participation from Antler and EMO Capital, and will be used to bolster PEXX’s engineering and product teams and expand its marketing and business development in Southeast Asia. Other VC firms involved in the round included Hash3, BitGo Ecosystem Fund, Play Ventures, and Third Earth.

Nirvana Labs plans to launch infrastructure with major web3 foundations, including Berachain and the NEAR Protocol, following their funding round. Portal Ventures led the round for Nirvana Labs, with contributions from Draper Goren Blockchain, Sats Ventures, and several prominent angel investors. The platform integrates with established web2 payment systems, providing users with flexible financial solutions and optimized returns through various vaults.

Bima Labs’ CEO expressed enthusiasm for the support from investors, which underscores confidence in the company’s vision to revolutionize the stablecoin landscape. This statement followed the completion of their funding round supported by Portal Ventures, Draper Goren Blockchain, Sats Ventures, and several prominent angel investors.

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