Tech Company Financing Transactions
KuCoin Funding Round
On 5/10/2022, KuCoin raised $150 million in Series B investment from Jump Crypto, Circle Ventures and IDG Capital Partners.
Transaction Overview
Company Name
Announced On
5/10/2022
Transaction Type
Venture Equity
Amount
$150,000,000
Round
Series B
Investors
Proceeds Purpose
The new influx of capital will allow KuCoin to go beyond centralized trading services and expand its presence in Web 3.0.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
2 Science Park Dr. Ascent 01-03
Singapore, 118222
Singapore
Singapore, 118222
Singapore
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Behind KuCoin are two tech geeks who were early blockchain adopters. Having started coding at the age of 8 and founded his first startup at the age of 16, Michael immediately started to mine BTC when he heard about Bitcoin 2012 from his boss Eric in 2021.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Johnny Lyu
Browse more venture capital transactions:
Prev: 5/10/2022: Common Energy venture capital transaction
Next: 5/10/2022: Ness Well venture capital transaction
Share this article
About Our Venture Capital Transactions Database
We do our best to report on every notable VC transaction. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs