Tech Company Financing Transactions

Magna Funding Round

Magna, based in San Francisco, secured $15 million from Tiger Global Management, Alchemy Ventures and Alumni Ventures.

Transaction Overview

Company Name
Announced On
9/15/2022
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to launch new token management offerings and continue to build the team.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
2261 Market St 4384
San Francisco, CA 94114
USA
Phone
Undisclosed
Email Address
Overview
Magna is building a platform to turn DeFi investments into financial primitives. Our first product is Carta for Web3, where companies can manage their cap tables and distribute their token equity to employees, advisors, or investors.
Profile
Magna LinkedIn Company Profile
Social Media
Magna Company Twitter Account
Company News
Magna News
Facebook
Magna on Facebook
YouTube
Magna on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Bruno Faviero
  Bruno Faviero LinkedIn Profile  Bruno Faviero Twitter Account  Bruno Faviero News  Bruno Faviero on Facebook
Co-Founder
Arun Kirubarajan
  Arun Kirubarajan LinkedIn Profile  Arun Kirubarajan Twitter Account  Arun Kirubarajan News  Arun Kirubarajan on Facebook


 

 

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Prev: 9/15/2022: Winn.AI venture capital transaction
Next: 9/15/2022: Smitten venture capital transaction

 

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About Our VC Transactions Data

Our team works diligently to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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