New USD 40 Million in Investments for Serbia Blockchain Platform Tenderly Within Series B Round

Source: Netokracija Thursday, 03.03.2022. 12:25
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(Photo: Pixabay.com/Gerd Altmann)
Tenderly, a leading platform for blockchain programmers, which facilitates the making of web3 products, has secured an investment of USD 40 million within the B round of investments. The financing was led by the Spark Capital fund, with participation of existing investors – funds Accel and Point Nine Capital.

When it comes to other investors, they include Abstract Ventures, Coinbase Ventures, Uniswap, Daedalus, and individuals such as Guillermo Rauch (CEO Vercel), Jinglan Wang (Co-Founder and CEO Optimism), Eric Ries (Founder Long-Term Stock Exchange) and Tihomir Bajić (CEO of LTSE Software). Let us remind that the last investment for Tenderly, which we wrote about in mid-2021, amounted to USD 15.3 million.


Tenderly plans to use the latest investment for the further development of products, attracting new users and partners and expanding the teams in Belgrade and San Francisco. Also, a part of this investment will be allocated to the development of Tenderly Garaza, a project which aims to connect the local startup community through sharing relevant knowledge and networking.

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