Web3 Builders Network Buildspace Raises $10 Million Round Led By a16z

Buildspace, a network of Web3 builders, announced it had raised $10m in a funding round led by a16z, with participation from Founders Inc, Y-Combinator, Protocol Labs, OrangeDAO, Solana Ventures, OpenSea Ventures, and others.

Buildspace was founded in December 2019 by Farza Majeed, who did something entirely new. At first, he was developing software under the name “ZipHomeschool” to assist parents who were homeschooling their children.

Farza borrowed $25,000 from his buddy Furqan Rydhan to launch the company.

10,000 people have the built-in public on Buildspace, 1000 people have attended IRL initiatives, and some have started multi-million dollar agencies, found co-founders, and even received funding for their startups, demonstrating how popular it has become.

Buildspace aims to provide an educational platform for users to explore their career paths. Now it’s focusing on Web3. Currently, the projects on it include Solidity, Ethereum NFT, Solana Web3 App, and others.

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Harold

Coincu News

Harold

With a passion for untangling the complexities of the financial world, I've spent over four years in financial journalism, covering everything from traditional equities to the cutting edge of venture capital. "The financial markets are a fascinating puzzle," I often say, "and I love helping people make sense of them." That's what drives me to bring clear and insightful financial journalism to the readers of Coincu.