Tech Company Financing Transactions
Root Protocol Funding Round
Animoca Brands, Ankr and CMS Holdings joined a $10 million funding round for Root Protocol. The round was recorded on 1/23/2024.
Transaction Overview
Company Name
Announced On
1/23/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Proceeds Purpose
This fresh capital will help Root Protocol in their new, more comprehensive vision of building an operating system with the composition of an intent-centric aggregator of digital identity, social network, and more, to enable unified access to Web3.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Root Labs is a team of crypto and blockchain experts and zealots who are laser-focused on creating and executing decentralized solutions to change the world and our lives in a positive way. The team comprises various talents who can take extreme ownership in each field and bring unique skills, experiences, and perspectives to the table, making Root a supreme user experience and a dynamic building system in digital identity and social network.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Dylan Dewdney
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We document all VC transactions involving tech companies. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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