Dune Analytics Completes $69.42 Million Series B Funding at $1 Billion Valuation

On February 2, Oslo, Norway-based blockchain analytics company Dune Analytics announced the completion of a $69,420,000 Series B financing, with a valuation of $1 billion, officially joining the unicorn club. The lead investor in this round of financing is Coatue, with participation from institutions that have previously invested in the company, including Multicoin Capital and Dragonfly Capital. According to Dune Analytics co-founder Fredrik Haga, the company has raised nearly $80 million so far, and thanks to this latest funding, the platform plans to add more major blockchains and integrate Layer 1 and Layer 2 Smart contract platform.