Breaking: Uniswap Labs Raises $165M At $1.66 Billion Valuation, $UNI Price Jumps

Uniswap Labs, the parent company of decentralized crypto exchange Uniswap, announced raising $165 million in the Series B funding round with $1.66 billion in valuation. The round was led by Polychain Capital and with participation from existing investors a16z crypto, Paradigm, SV Angel, and Variant.