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Dune Analytics May Become A New Crypto Unicorn With New Funding Round
Summary: According to a report from The Block, people familiar with the matter revealed that Dune Analytics, a Norwegian crypto analytics startup, is raising a new round of financing at a valuation of $1 billion with hedge fund Coatue Management participates. The details of the transaction are unclear. Founded in 2018, Dune Analytics allows users to ...
According to a report from The Block, people familiar with the matter revealed that Dune Analytics, a Norwegian crypto analytics startup, is raising a new round of financing at a valuation of $1 billion with hedge fund Coatue Management participates. The details of the transaction are unclear.
Founded in 2018, Dune Analytics allows users to extract data for free and visualize various digital assets (DeFi protocol, NFT). It also provides a paid subscription service, starting at $390 per user.
As of August, Dune supports data query on four blockchains: Ethereum, Polygon, Optimism, and xDAI. The company plans to expand to all blockchains and other networks based on the Ethereum virtual machine.
Dune Analytics completed an $8 million Series A financing in August, with Union Square Ventures leading the investment, and Redpoint Ventures, Dragonfly Capital and Multicoin Capital participating.
By Mary Liu
Tags: Coatue Management,Dune Analytics,Fund,UNICORN
Link: Dune Analytics May Become A New Crypto Unicorn With New Funding Round [Copy]
