Tech Company Financing Transactions
Saber Labs Funding Round
Saber Labs closed a $7.7 million Seed investment round on 7/28/2021. Backers included Race Capital, Jump Capital and Multicoin Capital.
Transaction Overview
Company Name
Announced On
7/28/2021
Transaction Type
Venture Equity
Amount
$7,700,000
Round
Seed
Investors
Proceeds Purpose
This capital funding injection will enable the Solana-based cross-chain stablecoin exchange to expand its decentralised liquidity network, which already includes popular assets originating from the Solana ecosystem, as well as Bitcoin, Ethereum and Terra.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Dallas, TX 75001
USA
Dallas, TX 75001
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
We contribute to Saber -- the leading cross-chain stablecoin exchange on Solana.
Management Team
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We report on all VC transactions involving tech companies. All VC database entries reported here are sourced from publicly available VC deal announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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