Port3 Network, a company that serves as a bridge between Web2 and Web3, has raised $3M in a seed funding round to expand the platform’s market presence and customer base.
KuCoin Ventures led the seed funding round will additional participation from Jump Crypto, SNZ, Block Infinity, Dragon Roark, ViaBTC, Cryptonite, Lapin Digital, Cogitent, and Momentum6.
This capital raise from KuCoin Ventures will ensure the company’s overall expansion. It will increase the current market presence and grow its customer base, ultimately increasing the total number of accesses given to Port3 Network’s users.
Additionally, it will mark a big step forward for the project as it looks further to develop its innovative and one-of-a-kind social data layer network.
Speaking about the potential of Port3 Network: “We are excited to be part of the development and growth of Port3 Network. The team has a clear vision and the technology to disrupt the social data industry. We are confident that with our support, Port3 Network will achieve great success in the future, “said a KuCoin Ventures representative.