GGV Capital

Follow the Money: Web3 Infrastructure Startup Raises $66M, Dallas SPAC Set to Take Bus Services Firm Public, Fort Worth VC Raises $4M for Third Fund, and More

by | Jun 3, 2022
Plus, stealthy Dallas startup LibLab raises $42M; Fort Worth biotech Sanara raises $15M; UPS Acquires Plano-based Delivery Solutions; Four Seasons in Las Colinas finds new owners; and more North Texas deals.
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Plano Startup Nears Unicorn Status as It Helps Others Build on Blockchains
by | Jun 2, 2022
Launched in Palo Alto in 2018, InfStones relocated its HQ to Plano last year. With a goal of bringing the “AWS experience to Web3,” it's landed a new $66 million funding round and says it's nearing unicorn status—a designation for startups valued at $1 billion. “Our vision is to provide a rugged, easy-to-use Web3 environment to build a more transparent, intelligent world,” CEO Zhenwu Shi says.
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