Tech Company Financing Transactions
Kinetex Funding Round
Kinetex, based in Dubai, secured investment capital from Factor and Gnosis.
Transaction Overview
Company Name
Announced On
11/15/2023
Transaction Type
Venture Equity
Amount
Unknown
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to refine its trading approach to transferring liquidity between networks that eliminates the need to store assets in pools and leverages zero-knowledge (ZK) technology to achieve validation without relying on third parties.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Dubai, Undisclosed
UAE
Dubai, Undisclosed
UAE
Phone
Undisclosed
Website
Email Address
Overview
Kinetex Network - Highly Efficient Cross-Chain Trading. Fully decentralized protocol with high speed, cheap gas and security based on Zk proofs.
Management Team
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