StarkWare quadruples valuation to $8B in 6 months, closing round in choppy market

Amid conversations of a crypto market downturn, there’s still capital being raised as demand for scalable blockchain infrastructure grows.
The most recent example of that fact is StarkWare Industries, which just raised $100 million at a valuation of $8 billion, the company shared on Wednesday. The new capital came just six months after the unicorn closed a $50 million Series C, quadrupling its valuation from $2 billion to $8 billion.
StarkWare’s Series D closed in the midst of the recent crypto market turmoil, “literally after LUNA crashed,” Eli Ben-Sasson, co-founder and president of StarkWar

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