Tech Company Financing Transactions
TeleportDAO Funding Round
TeleportDAO, based in Vancouver, British Columbia, raised $2.5 million in investment from AppWorks Ventures, Candaq Fintech Group and CoinList.
Transaction Overview
Company Name
Announced On
3/16/2023
Transaction Type
Venture Equity
Amount
$2,500,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to invest in product development and expand their team. Ultimately, their goal is to expand to multiple EVM and non-EVM chains, in order to become the trusted infrastructure for secure cross-chain interactions.
Company Information
Company Status
Private & Independent
Industry
Infrastructure
Mailing Address
Undisclosed
Vancouver, British Columbia, Undisclosed
CA
Vancouver, British Columbia, Undisclosed
CA
Phone
Undisclosed
Website
Email Address
Overview
TeleportDAO is a trustless and universal bridge protocol that provides an infrastructure for developers to build cross-chain applications.
Management Team
Title
Name
Email & Social
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Where The Data Comes From
We do our best to record every notable VC transaction. VC transactions reported here are sourced from news reports and company announcements. The information is sourced from VentureDeal.com, an affiliated venture.
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