Tech Company Financing Transactions

Ethena Funding Round

Ethena secured a $6 million Seed funding round on 7/17/2023. Backers included Dragonfly Capital, private investors and Maelstrom.

Transaction Overview

Company Name
Announced On
7/17/2023
Transaction Type
Venture Equity
Amount
$6,000,000
Round
Seed
Investors

Dragonfly Capital (Lead Investor)

private investors (Arthur Hayes)

Maelstrom

Proceeds Purpose
The company intends to use the funds to prepare for the launch of their stablecoin and bond asset in the third quarter of 2023, including completing the testnet phase in Q3 of this year, launching partnerships with other industry leaders, and conducting smart contract audits to ensure the security and efficiency of the protocol.

Company Information

Company Status
Private & Independent
Industry
Enterprise IT
Mailing Address
234 5th Ave.
New York, NY 10001
USA
Phone
Undisclosed
Email Address
Overview
Once upon a time, we asked a bunch of people whether they'd learned something from their annual harassment training. Everyone laughed. Then we asked academics whether there was any research to suggest traditional training works. Again, everyone laughed. So we pulled together a team and made a training that's effective and engaging.
Profile
Ethena LinkedIn Company Profile
Social Media
Ethena Company Twitter Account
Company News
Ethena News
Facebook
Ethena on Facebook
YouTube
Ethena on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Roxanne Petraeus
  Roxanne Petraeus LinkedIn Profile  Roxanne Petraeus Twitter Account  Roxanne Petraeus News  Roxanne Petraeus on Facebook
Chief Technical Officer
Anne Solmssen
  Anne Solmssen LinkedIn Profile  Anne Solmssen Twitter Account  Anne Solmssen News  Anne Solmssen on Facebook
VP - Engineering
Matthew Dean
  Matthew Dean LinkedIn Profile  Matthew Dean Twitter Account  Matthew Dean News  Matthew Dean on Facebook
VP - Engineering
Hannelore Mcelheny
  Hannelore Mcelheny LinkedIn Profile  Hannelore Mcelheny Twitter Account  Hannelore Mcelheny News  Hannelore Mcelheny on Facebook


 

 

Browse more venture capital transactions:

Prev: 7/17/2023: BYND Cannasoft Enterprises venture capital transaction
Next: 7/17/2023: Torch Dental venture capital transaction

 

Share this article

 


Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. VC transactions reported here come from a variety of public sources. 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