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StarkWare closed a $100 million Series D funding round at an $8 billion valuation, led by Greenoaks Capital and Coatue

On May 25, Ethereum Layer 2 developer StarkWare announced that it closed a $100 million Series D funding round for $8 billion, led by Greenoaks Capital and Coatue. Other existing and new investors, including Tiger Global, took part. The funding will be used to advance its product, engineering and business development, grow the ecosystem around StarkEx and StarkNet, and expand its team. As previously reported by Pulsation, Ethereum Layer 2 developer StarkWare announced in November 2021 that it had completed a $50 million Series C funding round led by Sequoia Capital, Paradigm, Three Arrows Capital, Alameda Research and Founders Fund came in for a $2 billion valuation.

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