On-chain data provider startup Nansen announced raising $75 M in Series B. The round was led by the venture capital firm Accel. Among the participants were GIC, Andreessen Horowitz, Tiger Global, and a subsidiary of Siam Commercial Bank (SCB), SCB 10X.
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We’re excited to announce that Nansen has raised $75M for our Series B led by @Accel, with participation from GIC, @a16z, @TigerGlobalFund, @SCB10X_OFFICIAL, along with additional prominent VCs and angel investors!
— NansΞn🧭 (@nansen_ai) December 16, 2021
Read the announcement:https://t.co/AFIBV1WxsN
The blockchain analytics company plans to use the capital to add more features, multichain integrations, expand strategic investment, and hire new talents.
This June, the company raised $12 M in Series A. In a tweet thread, Nansen said that it used the funds raised in June to add blockchain support for Binance Smart Chain, Fantom, Celo, Arbitrum, Avalanche, and Ronin Chain of Axie Infinity.
Nansen also increased coverage to 100 million wallet labels and became a leader for NFT analytics.
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