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Venture Capital News: MeWe Secures Initial $6 Million Series B Investment

2024-10-09
LOS ANGELES, CA, MeWe, the pioneering privacy-first social media network, announced the opening of the $6 Million Series B round, led by McCourt Global.
MeWe, the pioneering privacy-first social media network, announced it is launching a growth agenda to accelerate its efforts to bring Web3 to its 20+ million users. The opening of the Series B round, led by McCourt Global, will accelerate MeWe's growth and open doors for further innovation within MeWe.

MeWe has undertaken an unprecedented transformation over the past year to integrate with the Frequency blockchain and migrate its users to Web3 at scale. Since making this commitment, the platform has hit a major growth milestone and cemented its position as one of the world's largest Web3 user bases.
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