BuildBear Labs Raises $1.9M and Launches Phoenix Engine
BuildBear Labs secures funding and announces the Phoenix Engine, enhancing Web3 development tools.
About BuildBear Labs
BuildBear specializes in dApp development and testing, offering tailored Private Testnet sandboxes across multiple blockchain networks.
About the Founders:
- Dipesh Sukhani: Creator of DeFiZap (Zapper.xyz), former Blockchain Infrastructure lead for the Singapore Stock Exchange, and mentor at Consensys Academy.
- Emmanuel Antony: Contributor to Async Rust, Typesense Rust Client developer, and active open-source community participant.
For Media Inquiries, contact: [email protected]
Singapore, February 27, 2024 – BuildBear Labs successfully raised approximately USD 1.9M to enhance its platform. The round included Superscrypt, Tribe Capital, 1kx, Iterative, Plug-N-Play, and notable angels like Kris Kaczor and Ken Fromm.
Empowering Developers
BuildBear is developing the world's first Web3 Automated and Continuous Testing Engine (ACTE), already validated through their successful product, BuildBear Sandbox. The platform provides private testnets with built-in explorers, faucets, and RPCs for secure and efficient dApp testing.
BuildBear now supports over 7,700 sandbox environments, boasting a retention rate above 35% and an 8x growth in the past year.
Phoenix Engine
BuildBear introduces Phoenix Engine, an ultra-powerful upgrade delivering unmatched throughput, significantly boosting user experience.
Industry Recognition
Ethereum Foundation's Austin Griffith recognized BuildBear Sandbox for simplifying smart contract deployment:
“BuildBear let me fork the Gnosis chain and deploy our entire stack on the first try!”
BuildBear collaborates with industry leaders like RemixIDE, Saffold-ETH, Cookbook, and SolidityScan, promoting innovation in Web3.
CI/CD Workflow for Web3 with BuildBear
Guide to set up CI/CD using the BuildBear GitHub App to build, deploy, verify, and test smart contracts in isolated Sandbox environments.
Synchronizing Uniswap V2 Reserves in BuildBear Sandbox with Mainnet
Learn to implement a script that continuously synchronizes Uniswap V2 token reserves in a BuildBear Sandbox environment based on the live mainnet reserves data.