Tech Company Financing Transactions
Plasma Funding Round
On 2/13/2025, Plasma raised $20 million in Series A funding from Framework Venture Partners.
Transaction Overview
Company Name
Announced On
2/13/2025
Transaction Type
Venture Equity
Amount
$20,000,000
Round
Series A
Investors
Framework Venture Partners (Lead Investor)
Proceeds Purpose
The firm plans to use its funding to continue developing its network, which is an EVM-compatible Bitcoin sidechain to facilitate USDT transfers with no fees.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
London, Undisclosed
UK
London, Undisclosed
UK
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Plasma is a high-performance, scalable, and secure blockchain purpose-built for stablecoins. Built from the ground up, it delivers zero fees, lightning-fast transactions, and the robust security stablecoins like USD? require.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Paul Faecks
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Where The Data Comes From
We do our best to report on every notable VC transaction. VC investment data records reported here come from a variety of public sources. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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