185 Blocknative, a San Francisco-based web3 infrastructure company, has raised $15 million in Series A-1 funding. The four-year-old company previously provided blockchain transaction management and monitoring services as a SaaS business. With the new funding, Blocknative aims to build a standalone block-building business in the Ethereum ecosystem.The funding round was backed by a group of investors including Blockchain Capital, Foundry Group, Rho, IOSG Ventures, Robot Ventures, Fenbushi Capital, HackVC, and Industry Ventures. Blocknative’s block-building business will focus on the Ethereum ecosystem, which is a decentralized platform for applications that run exactly as programmed without any possibility of downtime, censorship, fraud, or third-party interference. You Might Be Interested In AirTrunk doubles size of SLL to record A$4.6 billion Sysco Corporation to Webcast Presentation at 2024 Deutsche Bank Access Global Consumer Conference Rategain Travel Rises Over 3% After Securing Order from Air Seychelles for Revenue Management Solution How to Set Financial Goals for Your Retirement Huntington Expands Commercial Banking Team with Focus on Specialized Cash and Treasury Management Solutions for Real Estate Businesses Exploring B2B Customer Experience Trends in The European Financial Review