According to TechFlow, Web3 startup Matera has successfully raised $3.6 million, with supporters including Sidedoor Ventures, HighCass Crypto, Medusa Ventures, The Sandbox and Saxon Partners. Matera plans to develop a blockchain infrastructure, including a DeFi platform, protocol layer and L2 network. The funds raised will be used to build a creator platform that combines DeFi with social media to solve the monetization challenges prevalent in the creator economy. Matera currently supports creators on X, enabling them to raise funds and monetize their loyal fan base, and plans to expand its integration to other social media platforms.