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Polkadot-based privacy project Manta Network raises $5.5M
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Manta Network, a privacy layer project for the Polkadot ecosystem, has completed a new funding round to continue scaling decentralized finance (DeFi) use cases by boosting blockchain privacy.
Announced Tuesday, Manta Network’s latest $5.5 million funding round included participation from more than 30 venture funds, including crypto hedge fund Coinfund and alternative investment firm Parafi Capital.
Other investors included Web 3 investment fund LongHash Ventures, CMS Holdings, Divergence, Spartan Group, Global Coin Ventures, SkyVision Capital, Zee Prime and SNZ.
The funding has also featured some of the industry’s prominent individual investors from major cryptocurrency companies like Digital Currency Group, Consensys and Bitcoin.com.
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