Tech Company Financing Transactions
Polyhedra Network Funding Round
Binance Labs and Polychain Capital invested in a $10 million funding round for Polyhedra Network. The round was announced on 2/21/2023.
Transaction Overview
Company Name
Announced On
2/21/2023
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Binance Labs (Lead Investor)
Polychain Capital (Lead Investor)
Proceeds Purpose
The funding will be used to develop Web3 infrastructure backed by zero-knowledge (zk) proofs, a cryptographic method where one party can prove that a statement is true to another party without providing other information.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
Undisclosed
San Francisco, CA Undisclosed
USA
San Francisco, CA Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
Operator of a decentralized identity platform intended for building the infrastructure of web3. The company's platform implements infrastructures for Web3 interoperability across heterogeneous systems which guarantees strong security without extra trust assumptions, enabling users with privacy extensions and a novel distributed proof system.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chairman
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