Carry1st Closed $20 Million in Financing Led by a16z

TokenInsight news, South Africa-based gaming platform Carry1st has closed a $20 million funding round led by a16z, with participation from Avenir and Google. The funding is reportedly a16z's first investment in the African region. The raised funds will be used to expand its content portfolio, grow its development team, and expand into new growth strategies. Carry1st is a game trading platform and is also building its own payment platform. Its embedded payment solution allows underbanked consumers to pay for content on its site via cryptocurrency.
Source

Fund Raising

Related News
Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million Ethereum security platform Drosera raises $3.25 million in funding, brings total funding to $4.75 million
ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round ZK-powered onchain credit analytics startup Accountable raises $2.3 million seed round
Crypto-AI startup Fraction AI raises $6 million in pre-seed funding Crypto-AI startup Fraction AI raises $6 million in pre-seed funding
Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital Crypto casino Monkey Tilt raises $30 million Series A led by Pantera Capital
Praxis gets $525M for utopic crypto, AI-friendly city Praxis gets $525M for utopic crypto, AI-friendly city
Latest News More More
20 Hours Ago Circle secures in-principle approval to operate as money services provider in Abu Dhabi
20 Hours Ago Mastercard moves to integrate stablecoins into global payments network
1 Day Ago Bitget will legally pursue 8 accounts suspected of profiting $20 million from VOXEL trading manipulation
1 Day Ago Term Finance recovers $1 million of $1.6 million loss to oracle configuration error
4 Days Ago Citigroup predicts stablecoin supply could hit $3.7 trillion by 2030
delate
Use TokenInsight App All Crypto Insights Are In Your Hands
Open