Tech Company Financing Transactions
Tangem Funding Round
Tangem, operating out of Zug, raised $8 million in investment from Shima Capital.
Transaction Overview
Company Name
Announced On
5/2/2023
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
Shima Capital (Lead Investor)
Proceeds Purpose
The company intends to use the funds to expand its product offerings.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Baarerstrasse 10
Zug, 6300
CH
Zug, 6300
CH
Phone
Undisclosed
Website
Email Address
Overview
Tangem is a high-tech company in the blockchain sector was founded in 2017, headquartered in Zug, Switzerland, with branches in North America, Eastern Europe, and APAC. Tangem started with the idea of bringing cryptocurrencies to the masses using a unique combination of a smartcard-based hardware wallet and mobile applications.Company owns and promotes the technology of hardware cold-wallet for crypto assets with secure and simple UX in 170 countries today. Our customers enjoy setup time within 1 minute with the ultimate security level for crypto assets on their wallet. Tangem solutions offer multi-support of a growing number of thousadns of tokens by a single wallet.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to report on tech company VC transactions. VC investment data records reported here are sourced from company press releases and news coverage. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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