According to Odaily, blockchain data network Chainbase has successfully raised $15 million in a Series A funding round. The investment was led by Tencent Investment Group and Matrix Partners China, with participation from Folius Ventures, Hash Global, JSquare, Mask Network, and Bodl Ventures. This latest funding brings Chainbase's total financing to $18 million to date.
Chris Feng, co-founder and Chief Operating Officer of Chainbase, disclosed that the funding round was completed in the fourth quarter of last year. The round included both equity financing and token warrant options. However, Feng declined to comment on the company's valuation.