World Lands $135M From a16z, Bain To Ramp Up Global Iris-Scanning World ID Network
- World locks down $135M funding from Andreessen Horowitz, Bain Capital for its digital identity push.
- World ID’s iris-scanning tech verifies users; aims for U.S. growth & AGI-era human proof.
- Tools for Humanity, with Sam Altman, builds World for a self-running Web3 identity future.
Digital identity project World just secured $135 million in fresh funding. Top-tier venture firms Andreessen Horowitz and Bain Capital Crypto led the investment, signaling strong backing for World’s ambitious global expansion plans. This capital injection directly addresses surging demand for its World IDs, which use iris-scanning technology to verify a person’s humanity.
The company will use the funds to accelerate infrastructure development for the World Network across the U.S. and internationally. Currently, the project reports over 26 million users, with 12.5 million World IDs already issued through its Orb verification process. This new backing reinforces World’s vision of building a self-sustaining digital identity protocol fit for the modern digital age.
Funding Fuels U.S. and International On-Ramp for World ID
The move reflects growing investor confidence in the pla…
The post World Lands $135M From a16z, Bain To Ramp Up Global Iris-Scanning World ID Network appeared first on Coin Edition.
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World Lands $135M From a16z, Bain To Ramp Up Global Iris-Scanning World ID Network
- World locks down $135M funding from Andreessen Horowitz, Bain Capital for its digital identity push.
- World ID’s iris-scanning tech verifies users; aims for U.S. growth & AGI-era human proof.
- Tools for Humanity, with Sam Altman, builds World for a self-running Web3 identity future.
Digital identity project World just secured $135 million in fresh funding. Top-tier venture firms Andreessen Horowitz and Bain Capital Crypto led the investment, signaling strong backing for World’s ambitious global expansion plans. This capital injection directly addresses surging demand for its World IDs, which use iris-scanning technology to verify a person’s humanity.
The company will use the funds to accelerate infrastructure development for the World Network across the U.S. and internationally. Currently, the project reports over 26 million users, with 12.5 million World IDs already issued through its Orb verification process. This new backing reinforces World’s vision of building a self-sustaining digital identity protocol fit for the modern digital age.
Funding Fuels U.S. and International On-Ramp for World ID
The move reflects growing investor confidence in the pla…
The post World Lands $135M From a16z, Bain To Ramp Up Global Iris-Scanning World ID Network appeared first on Coin Edition.
Read More