Tech Company Financing Transactions
Alvara Protocol Funding Round
Nimbus and private investors joined a $10 million funding round for Alvara Protocol. The round was recorded on 10/22/2024.
Transaction Overview
Company Name
Announced On
10/22/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Undisclosed
Investors
Nimbus (Lead Investor)
Proceeds Purpose
The company intends to use the funds to further accelerate the development of intelligent solutions that enhance the security of DeFi while providing intuitive user experiences to a broader market.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
1 Vicarage Lane, Stratford
London, E15 4HF
UK
London, E15 4HF
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Whether you're an individual or an institution, our unique solution empowers you to easily create, manage and invest in fully decentralized, merit-based, on-chain baskets. Transforming conventional procedures and pioneering a whole new DeFi subsector, Alvara is committed in establishing the ERC-7621 as the gold standard for on-chain basket creation, whilst firmly adhering to the core principles of decentralization.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Callum Mitchell-Clark
Co-Founder
Dominic Ryder
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