Rated Labs, a crypto startup that offers infrastructure datasets for Ethereum, has raised $12.888 million in Series A funding to expand its offering to multiple other blockchain networks.

Crypto venture firm Archetype led Rated's Series A round, with participation from seed investors Placeholder, 1confirmation, Cherry and Semantic, as well as new backers Robot Ventures, Chorus One, Factor and Maelstrom, among others, Rated said Wednesday. The Series A round brings Rated's total funding to over $15 million, following $2.5 million in seed funding last year.

Rated began raising for Series A in February of this year and closed the round in May, co-founder and CEO Elias Simos told The Block, adding that it was a "pure equity" round. He declined to comment on valuation.

What is Rated Labs?

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