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Adam Neumann-backed blockchain startup Flowcarbon raises $70 million

Flowcarbon, a startup co-founded by former WeWork CEO Adam Neumann, has raised $70 million to develop its blockchain-based carbon trading tools. The round, which included both venture capital funding and a token sale, was led by Andreessen Horowitz’s crypto unit, according to a statement on Tuesday. Other investors include General Catalyst, Samsung Next, 166 2nd, Sam and Ashley Levinson, RSE Ventures and Allegory Labs. Participants in the token sale include Fifth Wall, Box Group and the Celo Foundation. “Flowcarbon’s mission is …