Tech Company Financing Transactions
Wormhole Funding Round
On 11/29/2023, Wormhole raised $225 million in investment from Arrington XRP Capital Fund, Borderless Capital and Brevan Howard Investment Holdings.
Transaction Overview
Company Name
Announced On
11/29/2023
Transaction Type
Venture Equity
Amount
$225,000,000
Round
Undisclosed
Investors
Proceeds Purpose
Wormhole covers a range of use cases to make chains for tokens, NFTs, apps, and other generic messaging applications. They build protocols on wormholes that can use data, assets, and messages from other chains.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Whitehall House, 2nd Floor, 238 North Church Street PO Box 3
George Town, KY1-1206
KY
George Town, KY1-1206
KY
Phone
Undisclosed
Website
Email Address
Overview
Wormhole sends messages cross-chain using a variety of verification methods to attest to the validity of a message. These options are all available to developers in Wormhole's platform, depending on the chains involved in a given transaction, and the verification methods will continue to grow over time to incorporate new technologies.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Saeed Badreg
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Where The Data Comes From
We do our best to report on every notable VC transaction. 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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