Tech Company Financing Transactions
Obol Labs Funding Round
On 1/17/2023, Obol Labs raised $12.5 million in Series A funding from Archetype, Pantera Capital and BlockTower Capital.
Transaction Overview
Company Name
Announced On
1/17/2023
Transaction Type
Venture Equity
Amount
$12,500,000
Round
Series A
Investors
Archetype (Lead Investor)
Pantera Capital (Lead Investor) (Paul Veradittakit)
Proceeds Purpose
Obol will also support the advancement of DVT across other Layer 1 Proof-of-Stake blockchains like Cosmos, as well as the L2 ecosystem to help address the resiliency of sequencers.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
2340 Delaney Dr
Ottawa, IL 61350
USA
Ottawa, IL 61350
USA
Phone
Undisclosed
Website
Email Address
Overview
The Obol Network is an ecosystem for trust minimized staking that enables people to create, test, run & co-ordinate distributed validators. The Obol Network will forever be open source and permissionless. The impact of distributed validators lies in their accessibility.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Collin Myers
Co-Founder
Chris Battenfield
Co-Founder
Oisín Kyne
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