Tag Archives: Stripe

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TechCrunch

Mixnet maker Nym tops up with $13M led by a16z’s crypto fund

Switzerland-based privacy tech startup Nym Technologies, which is trying to commercialize an old idea for privacy-centric infrastructure (mixnets) by combining it with buzzy crypto incentives, has closed $13 million in Series A investment from Andreessen Horowitz’s crypto-focused fund, following a $6 million raise we covered back in the summer (also loosely pegged as a Series A). Other investors are named as including Barry Silbert’s Digital Currency Group, Tayssir Capital, Huobi Ventures, HashKey, Fenbushi Capital, and “more than two dozen” operators of validator nodes, or servers responsible for verifying transactions on Nym’s network. Trumpeting the raise earlier this week, founder Harry Halpin tweeted that…

November 13, 2021 7:35 PM EST

November 12, 2021 9:35 PM EST