Accel Leads $75M Series B Financing of Nansen

December 21, 2021Client News

Gunderson Dettmer represented client Accel as it led the $75 million Series B financing of Nansen, a Singapore-based blockchain analytics platform. Other investors included GIC, Andreessen Horowitz, Tiger Global, and SCB 10X. The new capital will enable Nansen to accelerate hiring, develop new product offerings, and expand operations globally.

In the announcement of the transaction, CEO of Nansen Alex Svanevik said, “We’re ready for a new phase of growth, accelerating our international expansion, scaling up our data capabilities to support the wider blockchain ecosystem, and providing global investors with a world-class product to explore the latest crypto trends and make more informed decisions.”

The Gunderson deal team was led by Jonathan Pentzien, and included Benjamin Teo, Angelica Bos, Soo Guo Kai, Aaron Rubin, and Emily Miller.