AminoChain September 2024 Seed Funding Round

AminoChain, a decentralized science (DeSci) startup, has secured $5 million in seed funding, led by venture capital firm Andreessen Horowitz (a16z). This marks a16z's first investment in the DeSci sector, signaling the growing interest in decentralized healthcare innovations. AminoChain is developing a Layer 2 blockchain protocol that connects medical institutions and enables user-owned healthcare applications. Their initial project focuses on creating a biospecimen marketplace, allowing patients to monetize their biospecimens while tracking research outcomes.