Tech Company Financing Transactions
OneOf Funding Round
OneOf secured a $8 million funding round on 8/1/2022. Investors included ACTAI Ventures, American Express Ventures and Andromeda Capital.
Transaction Overview
Company Name
Announced On
8/1/2022
Transaction Type
Venture Equity
Amount
$8,000,000
Round
Undisclosed
Investors
Proceeds Purpose
We intends to use the funds to accelerate the development of its environmentally sustainable NFT marketplace and support its growth in the music, sports and brands verticals.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Los Angeles, CA 90001
USA
Los Angeles, CA 90001
USA
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
The OneOf platform was built on one of the longest-running blockchain Proof of Stake protocols - and it uses 2 million times less energy than platforms operating on Ethereum, offering crucial solutions for long-term sustainability (minting an NFT is equivalent to sending a tweet).
Management Team
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We document every notable VC transaction. VC transactions reported here 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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