Tech Company Financing Transactions
Cytonic Funding Round
Lattice Ventures, Lemniscap and private investors invested in a $8.3 million Seed capital raise for Cytonic. The financing round was announced by the company on 11/7/2024.
Transaction Overview
Company Name
Announced On
11/7/2024
Transaction Type
Venture Equity
Amount
$8,300,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its development efforts.
Company Information
Company Status
Private & Independent
Industry
Internet & IoT
Mailing Address
Undisclosed
Road Town, Undisclosed
British Virgin Islands
Road Town, Undisclosed
British Virgin Islands
Phone
Undisclosed
Website
Email Address
Overview
Cytonic is compatible with most blockchains such as Bitcoin, Ethereum, and Solana.It allows different transaction types to be processed together in a single block. Cytonic's MultiVM unifies popular VMs such as EVM and SVM within a single node. This allows, for the first time ever: Atomic Cross-VM Interoperability.
Management Team
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