TechFlow reports that Waterdrip Capital has announced an investment in the Web3 application Jambo. On February 15, Jambo jointly announced with the Aptos Foundation the launch of the Web3 Earn smartphone, JamboPhone, priced at just $99.
Founded in early 2022, Jambo aims to build a "Web3 super app," creating revenue opportunities through the concept of "learn, play, earn."
Previous report: African crypto startup Jambo raised $30 million in a Series A round led by Paradigm, with participation from Pantera Capital, Delphi Ventures, Kingsway Capital, and Gemini Frontier Fund.
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