Tech Company Financing Transactions

Due Funding Round

On 11/7/2023, Due secured $3.3 million in Seed funding from Fabric Ventures, Semantic Ventures and BlockTower Capital.

Transaction Overview

Company Name

Due

Announced On

11/7/2023

Transaction Type

Venture Equity

Amount

$3,300,000

Round

Seed

Investors

Fabric Ventures (Lead Investor)

Semantic Ventures (Lead Investor)

BlockTower Capital

Discovery Ventures

private investors (Emil Urmanshin)

private investors (Itamar Lesuisse)

private investors (Pavel Karagjaur)

Polymorphic Capital

Speedinvest

Proceeds Purpose

The company intends to use the funds to further develop its technology and to expand its fiat currency connectivity to more markets.

Company Information

Company Status

Private & Independent

Industry

Blockchain

Mailing Address

Undisclosed
London, England, Undisclosed
UK

Phone

Undisclosed

Website

www.opendue.com

Email Address

Undisclosed

Overview

Open a borderless account from anywhere, send and receive payments worldwide, with instant access to funds in stablecoins or local currency. Seamless and 5-10x cheaper than traditional payment solutions.

Profile

Social Media

Company News

Facebook

YouTube

Management Team

Title

Name

Email & Social

Chief Executive Officer

Robert Sargsian

Chief Technical Officer

Alex Popov

Browse more venture capital transactions:

Prev: 11/7/2023: Bimaplan venture capital transaction
Next: 11/7/2023: Smalt venture capital transaction

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