Merkle Science: Raises $5.75M in Series A Funding

Merkle Science: Raises $5.75M in Series A Funding

• Merkle Science, a Singapore-based predictive blockchain monitoring and investigative platform, closed a $5.75m USD Series A funding round
• The round was led by Darrow Holdings with participation from Kraken Ventures, Uncorrelated Ventures, Fenbushi Capital, Token Bay Capital, Kenetic, and Lunex Ventures
• In addition, MerkleScience adds venture investment veteran and Head of Digital Asset Investments at Susquehanna, Dean Carlson, to its board
• The company intends to use the funds to accelerate product development to serve enterprise segments
• The company, which has clients globally, recently launched in the USA