Tech Company Financing Transactions
Beta Finance Funding Round
Sequoia India, Defiance Ventures and Delphi Digital participated in a $5.8 million funding round for Beta Finance. The round was announced by the company on 10/30/2021.
Transaction Overview
Company Name
Announced On
10/30/2021
Transaction Type
Venture Equity
Amount
$5,750,000
Round
Undisclosed
Investors
Sequoia India (Lead Investor) (Pieter Kemps)
Proceeds Purpose
Beta Finance will deploy the fresh capital to broaden its product offerings and hire more talent.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
São Paulo, 01000-000
Brazil
São Paulo, 01000-000
Brazil
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Beta Finance is a permissionless money market protocol for lending, borrowing, and short-selling crypto assets. It aims to offset crypto volatility and bring market stability. Its one-click solution enables traders without technical know-how to manage and update their short positions on any token with all relevant token information directlyavailable on interface to guide their decision.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Luciano Sfoggia
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