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Blockchain Data Infrastructure Startup Cambrian Raises $6 Million

Source
JH Kim

Summary

  • Cambrian said it has raised $6 million.
  • The round was led by Franklin Templeton and Polychain Capital.
  • Cambrian plans to use the funding to build a blockchain data oracle network.

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Cambrian, a startup building blockchain data infrastructure for institutions and artificial intelligence agents, has raised $6 million.

Franklin Templeton and Polychain Capital led the round, crypto media outlet The Block reported on June 24.

Flow Traders, Selini Capital, Paper Ventures and Nomad Capital also participated.

Cambrian said it plans to use the funding to build a blockchain data oracle network.

The company previously raised $5.9 million in a pre-seed round led by the a16z Crypto Startup Accelerator, or CSX, last year.

Photo: Shutterstock
Photo: Shutterstock
#Blockchain Finance
#Fundraising
JH Kim

JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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