Boardroom’s latest Metaverse VC Roundup also includes fundraising updates from Eterlast, Mozart, Mozilla, and more. The Web3 world has been anything but quiet this week, but some startups are heads down and focused on building the future of the growing industry.
Ramp: $70M for Crypto Payments Infrastructure UK-based Ramp closed a $70 million Series B funding round co-led by Mubadala Capital and Korelya Capital. The crypto startup offers a payment platform that lets users buy cryptocurrencies within any website, and Ramp calls itself the PayPal service for the Web3 industry.
Ramp is using the Series B to further develop its crypto payments infrastructure, fill more senior-level roles, and add local fiat currencies and payment methods as part of a global expansion. As part of the funding round, Frederic Lardieg from Mubadala Capital is joining Ramp as a director, and Korelya Capital’s Paul Degueuse will join as an observer.