Tech Company Financing Transactions
Drift Labs Funding Round
On 9/20/2024, Drift Labs secured $25 million in Series B funding from Multicoin Capital, Blockchain Capital and Folius Ventures.
Transaction Overview
Company Name
Announced On
9/20/2024
Transaction Type
Venture Equity
Amount
$25,000,000
Round
Series B
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Singapore, Undisclosed
Singapore
Singapore, Undisclosed
Singapore
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Pre-Launch Markets: Speculate on the listing price of an unlaunched token on perpetual markets. Gain insight into token sentiment with these markets. 20x Leverage: Trade 25+ of the hottest markets with up to 20x leverage. Whether you're into perpetuals, spot trading or swapping, Drift has everything you need. Earn Yield: Deposit over 12 assets as collateral and earn yield automatically from lending. Earn more yield from Staking and Market Making Vaults.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Cindy Leow
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About Our Venture Capital Transactions Database
Our team works diligently to report on funding rounds that are announced publicly. VC investment data records reported here are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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