
PANews reported on October 5 that according to The Block, the Web3 restaurant loyalty application Blackbird announced the completion of a $24 million Series A financing, led by a16z Crypto, with participation from QED, Union Square Ventures, Shine, Variant and several restaurant groups. This round of financing brings Blackbird's total financing to $35 million, and the company plans to use the funds to expand its business. Blackbird focuses on establishing direct connections between restaurants and guests through loyalty and membership services. In addition to collecting customers' dining preferences, it also uses cryptocurrency to reward sign-ins. According to previous news, in October last year, Blackbird completed a $11 million seed round of financing, led by Union Square Ventures, Shine Capital and Multicoin Capital, with participation from Variant, Circle Ventures and IAC.
