According to TechFlow, CoinDesk reported that Web3 infrastructure company Blocknative recently reorganized, laying off slightly more than 33% of its employees, affecting about a dozen employees.

In December 2022, Blocknative completed a US$15 million financing round, with investors including Blockchain Capital, Foundry Group, Rho, IOSG Ventures, Robot Ventures, Fenbushi Capital, HackVC, Industry Ventures, etc.