Puffer Completes $18 Million Series A Funding, Led by Brevan Howard Digital and Electric Capital

According to BlockBeats, on April 16, CoinDesk reported that the Ethereum re-staking protocol Puffer completed a $18 million Series A financing, led by Brevan Howard Digital and Electric Capital, with participation from Coinbase Ventures, Kraken Ventures, Lemniscap, Franklin Templeton, Avon Ventures (affiliated with Fidelity Investments), Mechanism, Lightspeed Faction, Consensys, Animoca and GSR. The new round of funds will be used to launch Puffer's mainnet. As previously reported, on August 8 last year, Puffer Finance announced the completion of a $5.5 million seed round of financing, led by Lemniscap and Lightspeed Faction, with other participating institutions including Brevan Howard Digital, Bankless Ventures, Animoca Ventures, Kucoin Ventures, etc.