Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers – Blockchain Bitcoin News

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Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers – Blockchain Bitcoin News
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Elementus, a New York-based blockchain firm that aims to disrupt the market by bringing Google-like granular analytics for Web3 platforms, has raised $10 million in its Series A-2 funding round.

Elementus Raises $10 Million to Bring Clear Blockchain Analytics to Institutional Customers

With this investment, Elementus reaches a valuation of $160 million, a sizable growth since October 2021, when the company raised $12 million at a $52 million valuation. That funding round, led by Velvet Sea Ventures, had the participation of Alameda Research and Blockfi, two firms that are now involved in bankruptcy procedures.

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