Tech Company Financing Transactions
Hummingbot Funding Round
On 6/10/2021, Hummingbot announced $8 million in Series A investment from Initialized Capital, Altonomy and Arrington XRP Capital Fund.
Transaction Overview
Company Name
Announced On
6/10/2021
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Series A
Investors
Proceeds Purpose
He intends to use the new funding to expand Hummingbot's platform to more exchanges, hire additional support, engineering and quality assurance talent, and develop additional user capabilities as it relates to trading strategies.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
800 W El Camino Real 180
Mountain View, CA 94040
USA
Mountain View, CA 94040
USA
Phone
Undisclosed
Website
Email Address
Overview
Hummingbot is a community-driven open source project that aims to democratize algorithmic trading by making sophisticated high-frequency trading strategies freely available to everyone in the world. We believe this will lead to a more open, fair, and inclusive global financial system.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Michael Feng
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