Blockchain data provider Allium has secured $16.5 million in a Series A funding round led by Theory Ventures.

Allium, a database startup enabling enterprises to query blockchain data, has raised $16.5 million in its Series A funding round to enhance its infrastructure.

In a Thursday press release, the New York-headquartered firm announced that this funding, which brought the company’s total capital raised to $21.5 million, was led by Theory Ventures with additional support from Kleiner Perkins and Amplify Partners. As part of the deal, Theory Ventures founder Tomasz Tunguz will join Allium’s board of directors. The company’s valuation following this round remains undisclosed.

Founded in 2019, Allium boasts support from major industry players such as Stripe, Visa, the Uniswap …