Bitcoin startup Abra raises $16m Series B from Foxconn, Arbor Ventures, Jungle Ventures, others

US and Philippines-based bitcoin startup Abra has raised $16 million in a Series B round led by new investor HCM International, Foxconn’s venture subsidiary. The round was joined by Silver8 Capital, Ignia and return Abra backers – Arbor Ventures, American Express Ventures, Jungle Ventures, Lehrer Hippeau and RRE, according to the company blog.

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