Tech Company Financing Transactions
Nomad Protocol by Illusory Systems Funding Round
Nomad Protocol by Illusory Systems, operating out of Novato, raised $22 million from Polychain Capital, 1kx and A&T Capital.
Transaction Overview
Company Name
Announced On
4/13/2022
Transaction Type
Online Capital
Amount
$22,000,000
Round
Seed
Investors
Proceeds Purpose
The startup will use the funds received to add support for new networks, and marketing goals, strengthening the team and a gradual transition to decentralization.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
936 B 7th PMB 346
Novato, CA 94945
USA
Novato, CA 94945
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of cross-chain communication designed for communication without header verification. The company provides initial solidity implementations of the on-chain contracts, and rust implementations of the off-chain system agents, enabling customers with ease of implementation in any blockchain that supports user-defined computations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Pranay Mohan
Chief Technical Officer
James Prestwich
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We report on every notable VC transaction. VC investment data records on this site are sourced from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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