Tech Company Financing Transactions
Earn Network Funding Round
Earn Network closed a $2.7 million Seed financing round on 6/21/2023. Backers included Shima Capital, Bixin Ventures and Cronos.Crypto.
Transaction Overview
Company Name
Announced On
6/21/2023
Transaction Type
Venture Equity
Amount
$2,700,000
Round
Seed
Investors
Proceeds Purpose
Notably, the new funding will be used to further develop new product categories on Earn Network's marketplace. The Earn Network has already developed DeFi Staking and soon will be adding three more categories - Lending, Liquid Staking & Native Restaking. In addition, the funding will also help the platform hire more professionals to join its expert team, grow the community and establish new relationships with more base layers and projects.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Singapore, Undisclosed
SG
Singapore, Undisclosed
SG
Phone
Website
Email Address
Overview
Earn Network provides smart contract infrastructure to connect liquidity providers & pool creators in a completely non-custodial manner.
Management Team
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We do our best to document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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