Farcaster Raises $150 Million
May 26, 2024
The decentralized social network Farcaster has announced raising $150 million in a funding round led by venture capital firm Paradigm. Investors included a16z, Haun Ventures, and Union Square. Dan Romero, former Coinbase executive and founder of Farcaster, previously stated that this funding would raise the valuation of the company behind the project, Merkle Manufactory, to $1 billion.
