Tech Company Financing Transactions

Level Funding Round

Dragonfly Capital, Polychain Capital and EIV Capital participated in a $3.6 million funding round for Level. This venture round was announced on 8/29/2024.

Transaction Overview

Company Name
Announced On
8/29/2024
Transaction Type
Venture Equity
Amount
$3,600,000
Round
Undisclosed
Investors

Dragonfly Capital (Lead Investor) (Tom Schmidt)

Polychain Capital (Lead Investor)

EIV Capital

Global Coin Research

private investors (Balaji Srinivasan)

private investors (Jeff Feng)

private investors (Julian Koh)

private investors (Sidney Powell)

Robot Ventures

Proceeds Purpose
Proceeds purposes were not disclosed.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Level is the protocol behind Level USD (lvlUSD), a stablecoin backed by restaked dollar tokens. Level abstracts away the complexities of restaking, allowing lvlUSD users to provide economic security with their dollar tokens and earn restaking yield without exposure to the price volatility of cryptocurrencies like ETH and BTC.
Profile
Level LinkedIn Company Profile
Social Media
Level Company Twitter Account
Company News
Level News
Facebook
Level on Facebook
YouTube
Level on YouTube

Management Team

Title
Name
Email & Social
Founder
David Lee
  David Lee LinkedIn Profile  David Lee Twitter Account  David Lee News  David Lee on Facebook


 

 

Browse more venture capital transactions:

Prev: 8/29/2024: Vybe venture capital transaction
Next: 8/29/2024: Piramidal venture capital transaction

 

Share this article

 


About Our VC Transactions Data

We do our best to record every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


Additional Resources for Entrepreneurs

Lists of Venture Capital and Private Equity Firms

Franchise Opportunities

Contributors

Business Glossary