Tech Company Financing Transactions
LightLink Funding Round
On 4/4/2024, LightLink received $6.2 million in Seed investment from MH Ventures, NXGEN and private investors.
Transaction Overview
Company Name
Announced On
4/4/2024
Transaction Type
Venture Equity
Amount
$6,200,000
Round
Seed
Investors
MH Ventures (Kamran Iqbal)
Proceeds Purpose
The funding will primarily be used to integrate millions into the digital economy through user-focused, gasless dApps and enterprise partnerships. The capital will also be allocated toward LightLink's ecosystem growth initiative and will be used to provide critical enhancements to its proprietary tech stack.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Singapore, Undisclosed
Singapore
Singapore, Undisclosed
Singapore
Phone
Undisclosed
Website
Email Address
Overview
LightLink is an Ethereum Layer 2 blockchain that lets dApps and enterprises offer users instant, gasless transactions. LightLink is using a Liquidity Bootstrapping Pool (LBP) on Fjord Foundry, aimed at fair token distribution. LightLink's proprietary stack and industry-leading infrastructure offer full on-chain advantages, allowing users to experience blockchain's network effects without the technical complexity.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Roy Hui
Chief Operating Officer
Olivia Romero
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