Tech Company Financing Transactions
Arch Funding Round
Digital Currency Group, Upload Ventures and GBV Capital participated in a $5 million Seed capital raise for Arch. This venture round was announced by the company on 10/9/2022.
Transaction Overview
Company Name
Announced On
10/9/2022
Transaction Type
Venture Equity
Amount
$5,000,000
Round
Seed
Investors
Proceeds Purpose
The new funds from the round will be used to tokenize a wider suite of decentralized finance indices and to develop the platform into a decentralized asset management protocol.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
80 State St
Albany, NY 12207-2543
USA
Albany, NY 12207-2543
USA
Phone
Undisclosed
Website
Email Address
Overview
?The decentralized economy will transform how information and value are exchanged, from digital property and the metaverse, to social networks and finance. Web3 today is the exclusive domain of crypto-native traders. However, as more activity moves into the space, the stronger the case for bridging a broader base of investors
Management Team
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We do our best to record funding rounds that are announced publicly. VC investment data records reported here come from publicly available VC deal announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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