Tech Company Financing Transactions

Spicenet Funding Round

Spicenet closed a $5 million Series A funding round on 10/28/2026. Investors included Hack VC, dao5 and Magnus Capital.

Transaction Overview

Company Name
Announced On
10/28/2026
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Series A
Investors

Hack VC (Lead Investor)

dao5

Magnus Capital

Proceeds Purpose
The funding will support the launch of Spice Edge and the SPICE token, and seed liquidity for products built on the network.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Bengaluru, Karnataka, KS Undisclosed
IN
Phone
Undisclosed
Email Address
Overview
Spicenet builds a blockchain-based brokerage network that connects applications, users and liquidity across multiple blockchains. Its products include Spice Flow, which helps applications simplify cross-chain funding and transactions, and Spice Edge, which is being developed to coordinate trading and portfolio risk across decentralised and centralised finance venues.
Profile
Spicenet LinkedIn Company Profile
Social Media
Spicenet Company Twitter Account
Company News
Spicenet News
Facebook
Spicenet on Facebook
YouTube
Spicenet on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Matthew McConnell
  Matthew McConnell LinkedIn Profile  Matthew McConnell Twitter Account  Matthew McConnell News  Matthew McConnell on Facebook
Co-Founder
Karthik Pariti
  Karthik Pariti LinkedIn Profile  Karthik Pariti Twitter Account  Karthik Pariti News  Karthik Pariti on Facebook


 

 

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Prev: 10/28/2026: AML Analytics venture capital transaction

 

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Where The Data Comes From

Our team works diligently to report on all VC transactions involving tech companies. All VC database entries reported here come from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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