Tech Company Financing Transactions
Modak Communities Funding Round
Modak Communities secured a $5.3 million funding round on 6/7/2022. Investors included GGV Capital, Maya Capital and Monashees Capital.
Transaction Overview
Company Name
Announced On
6/7/2022
Transaction Type
Venture Equity
Amount
$5,300,000
Round
Undisclosed
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Mexico City, 00810
Mexico
Mexico City, 00810
Mexico
Phone
Undisclosed
Website
Email Address
Overview
Modak is a platform for teens, built to turbo-charge young people's aspirations with the power of Web3 by providing community, knowledge, and resources in a safe manner. Modak's first product is a summer launchpad program modeled after Stanford's launchpad class and famous incubators in Silicon Valley. The Web 3 approach enables every member of the community to contribute and have ownership of the upside. Further, Modak also has educational programming on math, coding, and other foundational content teens will need.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Madhu Yalamarthi
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