Tech Company Financing Transactions
ZTX Funding Round
ZTX, based in Singapore, secured $13 million in investment from Jump Crypto, Collab+Currency and Everest Venture Group.
Transaction Overview
Company Name
Announced On
8/15/2023
Transaction Type
Venture Equity
Amount
$13,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Singapore, Undisclosed
SG
Singapore, Undisclosed
SG
Phone
Undisclosed
Website
Email Address
Overview
ZTX is a web3 virtual world empowering creators and communities. Founded in 2022, ZTX is the joint blockchain initiative of Jump Crypto and ZEPETO -- the largest avatar social network in Asia with over 400 million lifetime users. ZEPETO is a hybrid product exhibiting strong elements of both social network platforms and user-driven casual gaming platforms. As the UGC-driven nature and creative economy aspect of ZEPETO grows, ZTX aims to cater to the new demands of creators by building an on-chain open world where users can more robustly participate in governance and economics when creating and selling digital assets.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Chris Jang
Chief Operating Officer
Kay Yoo
Browse more venture capital transactions:
Prev: 8/15/2023: Voiceflow venture capital transaction
Next: 8/15/2023: Safety Marking venture capital transaction
Share this article
Where The Data Comes From
We do our best to record every notable VC transaction. VC investment data records reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs