November 12, 2020 Algorand raises $3.75M in seed round.

Blockchain connectivity protocol Algorand has raised $3.75M in its latest funding round, which closed this week. The round was led by Binance X, Binance’s Smart Chain accelerator fund, with participation from DCVC and AngelList CEO Naval Ravikant. Algorand seeks to help developers connect their dApps to multiple blockchains.