Tech Company Financing Transactions
Portal Funding Round
Portal secured a $34 million Seed funding round on 1/30/2024. Investors included Arrington Capital, Coinbase Ventures and Gate.io.
Transaction Overview
Company Name
Announced On
1/30/2024
Transaction Type
Venture Equity
Amount
$34,000,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to develop its two flagship products: Portal DEX and Portal Wallet.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
San Francisco, CA 94105
USA
San Francisco, CA 94105
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Portal is DeFi built on Bitcoin. It makes DeFi unstoppable with anonymous, zero-knowledge swaps via the first true cross-chain DEX that's genuinely trustless. It eliminates minting wrapped coins (ie wBTC, wETH) or risky staking with intermediaries.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Eric Martindale
Co-Founder
George Burke
Co-Founder
Chandra Duggirala
Co-Founder
Manoj Duggirala
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