Ephemera completed a $20 million Series B funding round, led by USV, a16z crypto, and Lightspeed Faction.

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On July 17, The Block reported that the decentralized messaging protocol XMTP developer Ephemera has completed a $20 million Series B funding round aimed at building and developing its ecosystem. This round of financing was co-led by Union Square Ventures, a16z crypto, and Lightspeed Faction, with participation from CEX Ventures, Offline Ventures, Sound Ventures (founded by Ashton Kutcher and Guy Oseary), and Distributed Global.

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