Tech Company Financing Transactions
Exponential Exchange Funding Round
MaC Venture Capital, Autotech Ventures and Avanta Ventures participated in a $7.4 million Seed venture round for Exponential Exchange. The round was announced on 7/26/2023.
Transaction Overview
Company Name
Announced On
7/26/2023
Transaction Type
Venture Equity
Amount
$7,400,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to execute on its plan to pilot multiple OTC transactions while building the infrastructure required for exchange-traded futures.
Company Information
Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Washington, DC Undisclosed
USA
Washington, DC Undisclosed
USA
Phone
Undisclosed
Website
Email Address
Overview
The economy is in the midst of a technological revolution powered by the internet and big data, triggering the next wave of exchange & financial derivatives innovation. Exponential Exchange is developing a series of novel indices and tradable financial instruments to manage the risks and opportunities posed by the digital economy and transportation revolution.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Ryan Naughton
Chief Operating Officer
Murali Kanakasabai
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We do our best to report on all VC transactions involving tech companies. All VC database entries reported here are derived from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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