TechFlow News — On July 1, Chainbase, a Web3 developer platform, announced it has raised $1.5 million in a pre-seed funding round led by XVC, with participation from M77 Ventures and several angel investors. The funds will be used for product development and improving user experience.
Chainbase is a Web3 developer platform that provides cloud-based API services to help developers connect to blockchain networks and easily build scalable, native Web3 applications. The middleware platform offers a range of developer tools, including multi-chain nodes, data querying, real-time indexing, and application monitoring. Chainbase aims to become a gateway from Web2 to Web3—empowering millions of developers to enter the new world and build innovative applications.
