Tech Company Financing Transactions
Parfin Funding Round
Parfin, based in London, secured $15 million from Framework Venture Partners, Alexia Ventures and L4 Venture Builder.
Transaction Overview
Company Name
Announced On
1/17/2023
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to continue building out existing products, as well as launching new solutions, such as Parchain, a next-generation EVM permissioned blockchain network that will enable DeFi and asset tokenization for regulated entities with a focus on privacy, portability and interoperability.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
85 Great Portland St
London, W1W 7LT
UK
London, W1W 7LT
UK
Phone
Undisclosed
Website
Email Address
Overview
Parfin is headquartered in London and Rio de Janeiro and was founded in 2019 by Marcos, Alex, and Cristian. The trio of South American entrepreneurs had complementary backgrounds ranging from finance to blockchain and software development. They shared a belief: that digital assets would revolutionize the world in a similar way to what the internet had done in the '90s. What they saw was nothing short of an upcoming paradigm shift, but institutions lacked the products and solutions to support this transition, and so, Parfin was born.
Management Team
Title
Name
Email & Social
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