Web3 Development Platform Moralis Closed $40 Million Series A Funding Round with Coinbase Ventures and Others

Web3 development platform Moralis has closed $40 million Series A round with participation from EQT Ventures, Fabric Ventures, Coinbase Ventures, and Dispersion Capital. The funds raised will be used for product development, improving the user experience and scaling to increase its customer capacity and support a larger customer base.