Tech Company Financing Transactions

Avalanche Funding Round

Dragonfly Capital, Galaxy Digital and ParaFi Capital participated in a $250 million venture round for Avalanche. This VC investment round was announced on 12/12/2024.

Transaction Overview

Company Name
Announced On
12/12/2024
Transaction Type
Venture Equity
Amount
$250,000,000
Round
Undisclosed
Proceeds Purpose
The investment will support the Avalanche9000 upgrade, which launched on testnet in November with over $40 million in retroactive rewards for developers building on the network.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
Phone
Undisclosed
Email Address
Not Recorded
Overview
Build anything you want, any way you want on the lightning fast, scalable blockchain that won't let you down. Choosing the wrong blockchain can kill your dApp before it ever has a chance to succeed, but it doesn't have to be this way. Launch with confidence on Avalanche.
Profile
Avalanche LinkedIn Company Profile
Social Media
Avalanche Company Twitter Account
Company News
Avalanche News
Facebook
Avalanche on Facebook
YouTube
Avalanche on YouTube

Management Team

Title
Name
Email & Social
Co-Founder
Emin Sirer
  Emin Sirer LinkedIn Profile  Emin Sirer Twitter Account  Emin Sirer News  Emin Sirer on Facebook


 

 

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Prev: 12/12/2024: One venture capital transaction
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About Our VC Transactions Data

We report on all VC transactions involving tech companies. VC investment data records reported here are sourced 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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