Blockchain Startup ConsenSys Raises $450M in New Funding at $7B+ Valuation
ConsenSys Software Inc., a fast-growing blockchain startup focused primarily on the Ethereum ecosystem, today announced that it has raised $450 million in funding at a valuation exceeding $7 billion.
The investment was led by ParaFi Capital with participation from Microsoft Corp., SoftBank Group Corp. and more than a half-dozen others. ConsenSys’ latest funding round reportedly comes a few weeks after the startup drew scrutiny over a 2020 change to its organizational structure. Earlier, ConsenSys raised $200 million as part of a funding round announced in November.