Tech Company Financing Transactions
Phemex Funding Round
Phemex closed a $3.5 million funding round on 3/13/2020. Backers included NGC Ventures and private investors.
Transaction Overview
Company Name
Announced On
3/13/2020
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Undisclosed
Investors
NGC Ventures (Lead Investor) (Tony Gu)
Proceeds Purpose
Phemex said it will utilize the additional capital for global expansion into Japan, Korea and Russie as well an updated product.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Singapore, 650000
Singapore
Singapore, 650000
Singapore
Phone
Undisclosed
Website
Email Address
Overview
Phemex is a professional and trustworthy global cryptocurrency derivatives exchange. We offer Bitcoin, Ethereum, Ripple, and Chainlink perpetual contracts, with up to 100x leverage.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Jack Tao
Chief Marketing Officer
Cecilia Wang
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We do our best to report on every notable VC transaction. 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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