TechFlow news — Dynamic, a Web3 authentication startup, has raised $7.5 million in seed funding led by a16z, with participation from Castle Island Ventures, Solana Ventures, Circle Ventures, Breyer Capital, Hypersphere, Chapter One, and others. The new capital will be used to expand the team and launch its platform.
Founded in December last year and having closed its seed round in April, Dynamic currently has eight employees. The company provides identity verification services for various types of businesses, with clients including Llama, Popartcats, Handstamp, and Lunchclub. Additionally, Dynamic’s platform is now open for closed beta testing and is expected to launch fully later this year.
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