Tech Company Financing Transactions
SphereOne Funding Round
SphereOne, based in Austin,, secured $2.5 million from Distributed Global, private investors and Newark Venture Partners.
Transaction Overview
Company Name
Announced On
1/18/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to accelerate growth, both organically and externally, and expand operations.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Austin,, TX 78723
USA
Austin,, TX 78723
USA
Phone
Undisclosed
Website
Email Address
Overview
The future of is tokenized. This means cross chain payments will be an essential part of the mass adoption of Web3. SphereOne is building the payment rails to allow users to pay with any token across any chain, with any crypto wallet.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ryan McNutt
Co-Founder
Christopher Ries
Browse more venture capital transactions:
Prev: 1/18/2023: PeopleFund venture capital transaction
Next: 1/18/2023: Sunfish Technologies venture capital transaction
Share this article
Where The Data Comes From
We report on all VC transactions involving tech companies. All VC database entries reported here are sourced from publicly available VC deal announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs