Tech Company Financing Transactions
August Funding Round
On 3/10/2025, August received $10 million in Series A funding from Dragonfly Capital, 6th Man Ventures and FinTech Collective.
Transaction Overview
Company Name
Announced On
3/10/2025
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
The company intends to use the funds to accelerate its capabilities, with a portfolio margin system enabling institutions to use staked assets and yield-bearing positions as collateral for structured products, OTC derivatives, and credit.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
New York, NY Undisclosed
USA
New York, NY Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
August (formerly Fractal) expands the digital economy by providing institutional grade, capital efficient technology for assets on-chain.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alexandre Elkrief
Chief Executive Officer
Aya Kantorovich
Browse more venture capital transactions:
Prev: 3/10/2025: Lagom Chain venture capital transaction
Next: 3/10/2025: Uthana venture capital transaction
Share this article
About Database of VC Transactions
We do our best to document tech company VC transactions. VC investment data records on this site 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