Tech Company Financing Transactions
Near Protocol Funding Round
Three Arrows Capital, Alameda Ventures and Andreessen Horowitz participated in a $150 million funding round for Near Protocol. The round closed on 1/25/2022.
Transaction Overview
Company Name
Announced On
1/25/2022
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Undisclosed
Investors
Proceeds Purpose
The new funding will be used to accelerate the adoption of web3 technologies through ecosystem funding, developing NEAR's regional hubs and raising awareness for the brand.
Company Information
Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
181 2nd St.
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Overview
NEAR is a blockchain protocol designed to bridge the adoption gap for mainstream commercial DApps. Designed to linearly scale with number of nodes by sharding (100k tps at 1M nodes, ~1s finality), have wide adoption by running on mobile devices, and security guarantees on the level of best blockchains.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alexander Skidanov
Chief Technical Officer
Illia Polosukhin
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We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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