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Israeli startup achieves 'unicorn status'

StarkWare Industries, an Israeli startup inventing technology to make blockchain scalable for mass adoption, has raised $100 million in a Series D round and is now valued at $8 billion, the company announced this week. StarkWare's Series D funding comes six months after its Series C, which valued the company at $2 billion. The new round led by Greenoaks Capital and Coatue, and includes Tiger Global and other new and existing investors.