Tech Company Financing Transactions
Avalon Labs Funding Round
Avalon Labs closed a $10 million Series A funding round on 12/23/2024. Backers included Framework Venture Partners, Kenetic Capital and Presto Labs.
Transaction Overview
Company Name
Announced On
12/23/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Proceeds Purpose
Proceeds purposes were not disclosed.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Road Town, Undisclosed
British Virgin Islands
Road Town, Undisclosed
British Virgin Islands
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Avalon Labs, the issuer of the BTC-backed stablecoin USDa.
Management Team
Browse more venture capital transactions:
Prev: 12/23/2024: Cadstrom venture capital transaction
Next: 12/24/2024: GEMMABio venture capital transaction
Share this article
Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records reported here are derived from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.
Additional Resources for Entrepreneurs