Molecule raises $13 million in seed funding

Molecule is a DAO platform for funding medical research projects including Newcastle University’s research on molecular aging and Copenhagen University’s project on longevity. These projects are funded in the form of stablecoins such as USDC through DAOs. Recently announced the completion of a $13 million seed round of financing. This round of financing was led by Northpond Ventures, with participation from Backed VC, Shine Capital, Speedinvest and former Coinbase CTO Balaji Srinivasan.

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