Tech Company Financing Transactions
Stroom Funding Round
Stroom secured a $3.5 million Seed funding round on 9/4/2023. Investors included Greenfield, Cogitent Ventures and Lemniscap.
Transaction Overview
Company Name
Announced On
9/4/2023
Transaction Type
Venture Equity
Amount
$3,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and work to release the liquid staking token on the Ethereum mainnet.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Kyiv, Undisclosed
Ukraine
Kyiv, Undisclosed
Ukraine
Phone
Undisclosed
Website
Email Address
Overview
Devrloper of a financial protocol platform intended to offer a liquid staking protocol in the Bitcoin lightning network. The company's platform helps Bitcoin holders to earn Lightning routing fees while optionally harvesting additional yield in Ethereum's DeFi ecosystem, enabling users to earn Lightning Network revenue without locking up BTC and maintaining their own node infrastructure.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
Our team works diligently to report on all VC transactions involving tech companies. VC transactions reported here come from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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