Tech Company Financing Transactions
Essential Funding Round
Essential closed a $11 million Series A investment round on 8/13/2024. Backers included Archetype, Amber Group and Big Brain Holdings.
Transaction Overview
Company Name
Announced On
8/13/2024
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Software
Mailing Address
Undisclosed
Berlin, Undisclosed
Germany
Berlin, Undisclosed
Germany
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Essential is a declarative intent-centric layer-2 blockchain, deploying as an optimistic rollup on Ethereum. In imperative blockchain systems, users are fighting a constant battle against intermediaries who are incentivized to give them the worst possible outcome that's still technically valid.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Liesl Eichholz
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We report on funding rounds that are announced publicly. VC investment data records reported here are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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