Web3 Developer Platform Fleek Raises $25M in Series A Led by Polychain Capital

Web3 developer platform Fleek announced it has raised $25m in a Series A funding round led by Polychain Capital, with participation from Coinbase Ventures, Digital Currency Group, Protocol Labs, Arweave and others.

Fleek aims to build an interface and protocol layer to make the base layer of Web3 services accessible to users. It focuses on the content delivery market, and plans to launch its own Fleek Network in 2023 and provide Web3 technologies.

The fund raised will be used to build out the Fleek Network and platform, while hiring the workforce and growing its community.