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BuildBear Labs Secures $1.9M to Advance Web3 Development Tools

Singapore-based BuildBear Labs announce a successful fundraising journey, securing approximately USD 1.9M to propel the growth of its flagship platform. The round was co-led by Superscrypt, Tribe Capital, 1kx, with participation from Iterative, Plug-N-Play, and several notable angel investors including Kris Kaczor (creator of Typechain and DethCrypto), Ken Fromm (ex-Ethereum Enterprise Alliance), and many more.
L:R – Dipesh Sukhani and Emmanuel Antony

Singapore-based BuildBear announce a successful fundraising journey, securing approximately USD 1.9M to propel the growth of its flagship platform. The round was co-led by Superscrypt, Tribe Capital, 1kx, with participation from Iterative, Plug-N-Play, and several notable angel investors including Kris Kaczor (creator of Typechain and DethCrypto), Ken Fromm (ex-Ethereum Enterprise Alliance), and many more.

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The support from our investors will fuel the accelerated development of our flagship platform. BuildBear Labs Automate Web3 dApp production-grade testing with team staging envs, Mainnet state, Chainlink, Gelato Automation, DevTool support, privacy, and unlocked faucets.

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In conjunction with this fundraising announcement, BuildBear is proud to unveil its latest milestone, upgrading to an ultra-powerful engine, with 100% throughput to continue to improve its user experience. With this release, BuildBear will offer the most powerful engine available on the web3 market. This significant upgrade underscores BuildBear’s commitment to innovation and signifies just one of the many advancements made possible by the increased resources resulting from their recent fundraising success.

About BuildBear Labs

Founded by Dipesh Sukhani and Emmanuel Antony in 2022, BuildBear Labs is a specialized platform dedicated to dApp development and testing, offering developers the ability to craft customized Private Testnet sandboxes across multiple EVM and EVM-compatible blockchain networks With key features including private faucets for unlimited Native and ERC20 token minting, BuildBear empowers developers to build and test dApps with confidence and efficiency.

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