European security startup Nym Technologies has announced a $13 million funding round coordinated by renowned crypto investor Andreessen Horowitz, or a16z, with further participation by venture capital firms Digital Currency Group, Tayssir Capital, Huobi Ventures, Hashkey and Fenbush.
This third funding round represented their highest raise to date, following seed funding of $2.5 million in May 2019 and a Series A raise of $6 million in July 2021, led by Polychain Capital, according to financial data from Crunchbase.