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Funding
Neynar raises USD 11 million in Series A funding from Haun Ventures
Web3 Ecosystem
May 30, 2024
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Web3 Ecosystem

Web3 Ecosystem

May 30, 2024

Neynar raises USD 11 million in Series A funding from Haun Ventures

Funding

  • Neynar, a provider of a Web3 social toolbox for developers to build social media protocols, has raised USD 11 million in Series A funding led by Haun Ventures, with participation from a16z's CSX, Coinbase Ventures, and Union Square Ventures.

  • The company did not disclose the exact use of proceeds, but it intends to strengthen its position within the Farcaster network and expand into other protocols.

  • Neynar, formed by Coinbase alumni, offers a platform that enables developers to develop Web3 social applications on Farcaster, an open-source protocol with over 378,000 users.

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