According to Foresight News, Web3 application programming interface (API) service provider Kravata has announced the completion of a $3.6 million seed funding round. Investors in the round included Volt Capital, Framework Ventures, Circle Ventures, Magma Partners, and SIMMA Capital.
Originating from the Web3 accelerator Alliance Dao, Kravata offers a user-friendly and secure solution for connecting to Web3 while providing a Web2 experience. Through its API, Kravata allows clients to integrate the benefits of Web3 into their services without the burden of internal technical development, while ensuring compliance and ongoing support at every step.