Tech Company Financing Transactions

Tangem Funding Round

Tangem, operating out of Zug, raised $8 million in investment from Shima Capital.

Transaction Overview

Company Name
Announced On
5/2/2023
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors

Shima Capital (Lead Investor)

Proceeds Purpose
The company intends to use the funds to expand its product offerings.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Baarerstrasse 10
Zug, 6300
CH
Phone
Undisclosed
Email Address
Overview
Tangem is a high-tech company in the blockchain sector was founded in 2017, headquartered in Zug, Switzerland, with branches in North America, Eastern Europe, and APAC. Tangem started with the idea of bringing cryptocurrencies to the masses using a unique combination of a smartcard-based hardware wallet and mobile applications.Company owns and promotes the technology of hardware cold-wallet for crypto assets with secure and simple UX in 170 countries today. Our customers enjoy setup time within 1 minute with the ultimate security level for crypto assets on their wallet. Tangem solutions offer multi-support of a growing number of thousadns of tokens by a single wallet.
Profile
Tangem LinkedIn Company Profile
Social Media
Tangem Company Twitter Account
Company News
Tangem News
Facebook
Tangem on Facebook
YouTube
Tangem on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Andrey Kurennykh
  Andrey  Kurennykh LinkedIn Profile  Andrey  Kurennykh Twitter Account  Andrey  Kurennykh News  Andrey  Kurennykh on Facebook
Chief Operating Officer
Evgeniya Govor
  Evgeniya Govor LinkedIn Profile  Evgeniya Govor Twitter Account  Evgeniya Govor News  Evgeniya Govor on Facebook
Chief Technical Officer
Andrey Lazutkin
  Andrey Lazutkin LinkedIn Profile  Andrey Lazutkin Twitter Account  Andrey Lazutkin News  Andrey Lazutkin on Facebook


 

 

Browse more venture capital transactions:

Prev: 5/2/2023: Ten63 Therapeutics venture capital transaction
Next: 5/2/2023: El Septimo Cigars venture capital transaction

 

Share this article

 


Where The Data Comes From

We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary