Tech Company Financing Transactions
Chronicle Labs Funding Round
Chronicle Labs closed a $12 million Seed funding round on 3/25/2025. Investors included 6th Man Ventures, Brevan Howard Investment Holdings and private investors.
Transaction Overview
Company Name
Announced On
3/25/2025
Transaction Type
Venture Equity
Amount
$12,000,000
Round
Seed
Proceeds Purpose
The raise will go toward product build and research development. Kunkel had nothing but praise for the team over at Sky and noted that one of the best moves the team made back when it was Maker was to fund research.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
Undisclosed
Zug, Undisclosed
Switzerland
Zug, Undisclosed
Switzerland
Phone
Undisclosed
Website
Email Address
Overview
Oracles are integral to the transmission of data on-chain, facilitating the cutting-edge of decentralized finance, yet Oracle innovation has, comparatively, progressed very little. On-chain Oracles are limited by their ability to scale, particularly on Ethereum. They are relatively inaccessible, bottlenecked by engineering teams, and, most notably, they lack transparency and true decentralization. Deploying a proprietary solution, Chronicle Protocol alleviates many of these limitations.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Founder
Niklas Kunkel
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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 comes to us via our partnership with VentureDeal.com, an affiliated venture.
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