Tech Company Financing Transactions
Connext Labs Funding Round
On 6/14/2023, Connext Labs announced $7.5 million in Seed financing from 1kx, A.Capital Ventures and Coinbase Ventures.
Transaction Overview
Company Name
Announced On
6/14/2023
Transaction Type
Venture Equity
Amount
$7,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to fund the setup and operation of its foundation.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
9031 Sackett Drive
Park City, UT 84098
USA
Park City, UT 84098
USA
Phone
Undisclosed
Website
Email Address
Overview
Connext is building the future of value transfer on the internet. We believe in the power of decentralized networks to transform finance and put value back into the hands of individuals. We think this becomes possible when everyday users can exchange value effortlessly between disparate cryptosystems. We're a small, technical team working at the confluence of distributed systems, game theory, and cryptography. We're funded by grants from the Ethereum Foundation and backed by some of the top investors in the space, including Polychain Capital, Consensys Ventures, 1kx, and others.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Arjun Bhuptani
Chief Technical Officer
Rahul Sethuram
Co-Founder
Layne Haber
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Where The Data Comes From
We do our best to record tech company VC transactions. VC investment data records reported here come from publicly available VC deal announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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