VC Fund Investments
Web3 project grants platform QuestBook raises $8.3 M
Web3 projects enablement platform QuestBook - co-founded by Bangalore-based Madhavan Malolan - has raised USD 8.3 million in its Series A funding led by Lemniscap with participation from other investors, including Coinbase Ventures, Polygon, Balaji Srinivasan, Raj Gokal of Solana, Arjun Sethi of Tribe Capital, Alameda Research, Dragonfly, Hashed, and Maneesh Sharma of GitHub. QuestBook operates an eponymous platform that allows firms to give grants to developers and invest in them. It also screens projects using a number of factors such as a developer's on-chain and GitHub history to shoulder much of the burden from various blockchain and web3 firms.
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