{"id":39903,"date":"2021-03-31T16:28:27","date_gmt":"2021-03-31T13:28:27","guid":{"rendered":"https:\/\/forklog.com\/en\/?p=39903"},"modified":"2025-08-30T11:46:04","modified_gmt":"2025-08-30T08:46:04","slug":"polkadot-based-moonbeam-team-raises-6-million","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/polkadot-based-moonbeam-team-raises-6-million\/","title":{"rendered":"Polkadot-based Moonbeam team raises $6 million"},"content":{"rendered":"<p>PureStake, the developer of Moonbeam, a smart-contract platform on the Polkadot blockchain, has closed a $6 million strategic round of funding.<\/p>\n<figure class=\\\"wp-block-embed is-type-rich is-provider-twitter wp-block-embed-twitter\\\">\n<div class=\\\"wp-block-embed__wrapper\\\">\\n<\/p>\n<blockquote class=\\\"twitter-tweet\\\" data-width=\\\"500\\\" data-dnt=\\\"true\\\">\n<p lang=\\\"en\\\" dir=\\\"ltr\\\">1\/ We are happy to announce the completion of a $6 million strategic round of funding for the <a href=\\\"https:\/\/twitter.com\/MoonbeamNetwork?ref_src=twsrc%5Etfw\\\">@MoonbeamNetwork<\/a>, led by <a href=\\\"https:\/\/twitter.com\/coinfund_io?ref_src=twsrc%5Etfw\\\">@CoinFund_io<\/a>.<\/p>\n<p>This funding will position the team for a successful launch of the Moonbeam network later this year.<a href=\\\"https:\/\/t.co\/s6oVCVCB6p\\\">https:\/\/t.co\/s6oVCVCB6p<\/a><\/p>\n<p>\u2014 PureStake (@purestakeco) <a href=\\\"https:\/\/twitter.com\/purestakeco\/status\/1376876288980480006?ref_src=twsrc%5Etfw\\\">March 30, 2021<\/a><\/p><\/blockquote>\n<p><script async src=\\\"https:\/\/platform.twitter.com\/widgets.js\\\" charset=\\\"utf-8\\\"><\/script>\\n<\/div>\n<\/figure>\n<p>\\n\\n<\/p>\n<p>The round was led by investment firm CoinFund. It was joined by Binance Labs, ParaFi, Coinbase Ventures, Fenbushi Capital, IOSG Ventures and other investors who participated in the seed round of funding.<\/p>\n<p>\\n\\n<\/p>\n<p>The funds will help the PureStake team to successfully launch the Moonbeam network in the Polkadot parachain in the third quarter of 2021.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Earlier in February, the Polkadot-based smart-contract platform Plasm Network <a href=\"https:\/\/u1f987.com\/en\/news\/binance-labs-leads-2-4-million-funding-round-for-plasm-network\">raised $2.4 million<\/a>. The funding round was led by the blockchain incubator Binance Labs.<\/p>\n<p>\\n\\n\\n\\n<\/p>\n<p>Follow ForkLog&#8217;s Bitcoin news on our <a href=\\\"\/\/telegram.me\/forklog\\\" target=\\\"\u201c_blank\u201d\\\" rel=\\\"\u201cnofollow\u201d noopener\\\">Telegram<\/a> \u2014 cryptocurrency news, prices and analysis.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>PureStake, the developer of Moonbeam, a smart-contract platform on the Polkadot blockchain, has closed a $6 million strategic round of funding.<\/p>\n","protected":false},"author":1,"featured_media":39904,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"1","news_style_id":"1","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[52,1461],"class_list":["post-39903","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-investments","tag-polkadot-dot"],"aioseo_notices":[],"amp_enabled":true,"views":"20","promo_type":"1","layout_type":"1","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39903","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=39903"}],"version-history":[{"count":1,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39903\/revisions"}],"predecessor-version":[{"id":39905,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/39903\/revisions\/39905"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/39904"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=39903"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=39903"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=39903"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}