Tech Company Financing Transactions
YieldNest Funding Round
Backed VC, Contango Holdings and Insignius Capital participated in a $5.2 million funding round for YieldNest. The round was announced by the company on 4/17/2024.
Transaction Overview
Company Name
Announced On
4/17/2024
Transaction Type
Venture Equity
Amount
$5,200,000
Round
Undisclosed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and development efforts.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Singapore, Undisclosed
Singapore
Singapore, Undisclosed
Singapore
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
YieldNest is a decentralized liquid restaking protocol providing an easy solution for ETH holders to natively restake their ETH into EigenLayer and earn rewards without sacrificing liquidity. A protocol designed to form a symbiotic relationship between stakers, Node Operators, and Actively Validated Services (AVSs).
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Amadeo Brands
Chief Technical Officer
Dan Octavian
Co-Founder
Shawn Fladager
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Where The Data Comes From
We do our best to document tech company VC transactions. VC transactions on this site are sourced from a variety of public sources. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
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