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Series A Round

For Symbiotic

$29.0M Apr 23, 2025
Funding Details

Symbiotic raised $29 million in a Series A funding round to expand its team and develop a Universal Staking framework, enabling decentralized networks to bootstrap fully sovereign ecosystems. This funding will support the shift to 'universal staking', allowing any blockchain to be secured and any asset to be used, powering insurance protocols and DeFi products. The investment aims to enhance the capabilities of Symbiotic's restaking system, which allows networks to customize their staking implementations. The funding round was led by prominent Web3-focused venture capital firms, including Pantera Capital and Coinbase Ventures.

Confidence Score
Data extraction confidence: 90%
Participating Investors
PanteraCapital

First U.S. institutional asset manager focused exclusively on blockchain technology. Since 2013, Pantera has invested in digital assets and blockchain...

Coinbase Ventures

Coinbase Ventures invests in exceptional founders who share Coinbase's mission of creating more economic freedom for the world. They focus on advancin...

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Other Data Sources
1
Exa Round Data
Apr 25, 2025
Exa Enrichment History
1

Fields Updated
amount currency startup stage
Enrichment Details
Amount
29.0
Currency
USD
Startup
  • Name: Symbiotic
  • Description: A generalized restaking system enabling decentralized networks to bootstrap fully sovereign ecosystems. Symbiotic shifts to 'universal staking', allowing any blockchain to be secured and any asset to be used, powering insurance protocols and DeFi products.
Stage
Series A
Enrichment History
  • {'updated_at': '2025-04-25T02:19:57.154629', 'fields_updated': {'amount': True, 'currency': True, 'startup': True, 'stage': True}, 'query_used': 'Symbiotic Series A funding round investment valuation', 'sources_count': 5}
Source URLs