Tech Company Financing Transactions
Mummolin Funding Round
On 11/28/2023, Mummolin announced $6.2 million in Seed funding from private investors, Accomplice and Barefoot Mining.
Transaction Overview
Company Name
Announced On
11/28/2023
Transaction Type
Venture Equity
Amount
$6,200,000
Round
Seed
Investors
private investors (Lead Investor) (Jack Dorsey)
Proceeds Purpose
The seed funding will support the launch of OCEAN, the first of many mining decentralization projects for Bitcoin.
Company Information
Company Status
Private & Independent
Industry
Digital Media & VR & AR
Mailing Address
1603 Capitol Avenue Suite 509A
Cheyenne, WA 82001
USA
Cheyenne, WA 82001
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Developer of a bitcoin mining pool designed to radically decentralize bitcoin mining. The company offers custodial bank accounts and has the ability to decide who can and who can't use Bitcoin and provides a transparent pool giving users full visibility into block templates, generation payouts and miner stats, enabling miners to have the ability to know what transactions they are mining with their hashrate.
Management Team
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