Blockchain data infrastructure startup Cambrian has successfully closed a $6 million seed funding round, co-led by Franklin Templeton and Polychain Capital. The funding round also saw participation from Flow Traders, Selini Capital, Paper Ventures, and Nomad Capital. Notable angel investors included Jason Mo, Avi Felman, and TrueNorth co-founders Alex Lee and Willy Chuang. The round was structured as a SAFE with token warrants, granting Franklin Templeton and Polychain Capital board observer seats.
This latest funding brings Cambrian's total capital raised to $11.9 million, following a $5.9 million pre-seed round led by a16z CSX. The investment will support Cambrian's efforts to enhance its blockchain data infrastructure offerings.
Cambrian Secures $6 Million in Seed Funding Led by Franklin Templeton and Polychain Capital
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