Tech Company Financing Transactions
U2U Network Funding Round
U2U Network, operating out of Hanoi, raised investment capital from V3V Ventures.
Transaction Overview
Company Name
Announced On
8/26/2024
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Hanoi, Undisclosed
Vietnam
Hanoi, Undisclosed
Vietnam
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
U2U Network is a next-generation blockchain solution designed for scalability and real-world applications. We combine the power of a DAG-based Layer 1 network with EVM compatibility, OstracismVM, and modular subnet technology to achieve high performance (72K TPS) and fast transaction finality (650ms). This architecture allows for seamless communication between the mainnet and subnets, fostering a vibrant ecosystem (U2U Ecosystem) that caters to developers and users.
Management Team
Title
Name
Email & Social
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