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Web3 Infrastructure Startup Portal Raises $5.3M

Portal, a Web3 wallet infrastructure startup, has raised $5.3 million in a funding round that included Slow Ventures and Haun Ventures, the venture capital firm founded by Andreessen Horowitz alum Kaite Haun, according to a press release provided to CoinDesk.

The funding round comes during a particularly harsh crypto winter landscape that has taken a toll on venture capital and other investments into the industry, which were down 91% year over year in January. Infrastructure projects emerged as one of the strongest sectors during the month.

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