Bio Protocol raises $6.9 million in seed funding

Source
JH Kim

Summary

  • Bio Protocol said it raised $6.9 million in seed funding.
  • The round was led by Maelstrom Fund, the family office of BitMEX co-founder Arthur Hayes, and several venture capital firms also participated.
  • Bio Protocol said it aims to strengthen the transparency and accessibility of scientific research and data management through blockchain-based infrastructure.

On the 17th (local time), crypto-focused media outlet The Block reported that the decentralized science protocol Bio Protocol has raised $6.9 million in seed funding.

The round was led by Maelstrom Fund, the family office of BitMEX co-founder Arthur Hayes.

Mechanism Capital, Animoca Brands, G Prime Capital, Panga Capital, Mirana Ventures, Foresight Ventures, and Big Brain Holdings also participated.

Bio Protocol aims to enhance the transparency and accessibility of scientific research and data management by leveraging blockchain-based infrastructure.

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JH Kim

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