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Uniswap Labs Secures $165 Million in Series B Funding

Uniswap Labs raises $165 million in a Series B funding round led by Polychain Capital, with participation from top venture firms.
Published on 2022-10-13

Uniswap Labs Secures $165 Million in Series B Funding

Uniswap Labs, a leading decentralized exchange, has successfully raised $165 million in a Series B funding round. This significant investment was led by Polychain Capital, with notable participation from prominent venture firms such as Andreessen Horowitz, Paradigm, Variant, and SV Angel.

Expansion Plans and Market Position

The funding round positions Uniswap Labs to expand its operations into new domains within the cryptocurrency space. This move underscores the company's strategic growth plans, leveraging the support of major players in the blockchain industry.

Strategic Investment and Market Confidence

The investment highlights the confidence of top venture capital firms in Uniswap's potential to lead in the decentralized finance (DeFi) sector. This round aligns with earlier reports indicating the company's ambitious goals to scale its offerings and strengthen its market position.

This development is expected to further solidify Uniswap's role as a key player in the evolving crypto landscape.

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