Tech Company Financing Transactions
Wombat Exchange Funding Round
Animoca Brands, Hailstone Venture Group and BNB Chain participated in a $5.3 million Series A funding round for Wombat Exchange. This VC investment round was announced on 3/16/2022.
Transaction Overview
Company Name
Announced On
3/16/2022
Transaction Type
Venture Equity
Amount
$5,250,000
Round
Series A
Investors
Proceeds Purpose
Capital from this round will accelerate Wombat's product development and expansion.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Hong Kong, Undisclosed
China
Hong Kong, Undisclosed
China
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of a blockchain technology intended for crypto trading. The company's platform is an exchange for BNB native multichain stableswap focused on re-engineering the stableswap experience with a different algorithm design, helping the users with capital efficiency, accessibility, and scalability in a multichain world.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Marketing Officer
Raymond Wong
Chief Technical Officer
Daniel Chan
Founder
Alex Lee
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We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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