Web3 Talent Network Braintrust Raises $ 100 Million Through Private Placement of Tokens, Coatue Leads Investment

On December 9, the Web3 tech network Braintrust raised $ 100 million through a private listing, with Coatue as equity, with investments from Tiger Global, True Ventures, Blockchain Ventures, HashKey, and more. Braintrust is known for connecting businesses with technology as part of the Web3 competition, and the company claims to have over 700,000 community members. As announced Thursday, Braintrust will use the funds to expand its network and fund community services through grants. The company said more than 700,000 members could apply for funding for the network improvement project. (several blocks)