Tech Company Financing Transactions
MachineFi Lab Funding Round
DraperDragon, Jump Crypto and Samsung NEXT participated in a $10 million Seed funding round for MachineFi Lab. The financing round was recorded on 6/7/2022.
Transaction Overview
Company Name
Announced On
6/7/2022
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Seed
Investors
Proceeds Purpose
The funding will go toward platform development, hiring and potentially the incubation of early-stage projects building on the platform.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Menlo Park, CA Undisclosed
USA
Menlo Park, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
In the future, machines will be the primary workforce. MachineFi is a new paradigm fueled by Web3 that underpins the new machine economy, whereby machine resources and intelligence can be financialized to deliver value and ownership to the people, not centralized corporations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Raullen Chai
Browse more venture capital transactions:
Prev: 6/7/2022: nfinite venture capital transaction
Next: 6/7/2022: Live Summer venture capital transaction
Share this article
About Our VC Transactions Data
We do our best to document every notable VC transaction. All VC database entries on this site 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