Tech Company Financing Transactions
Permissionless Labs Funding Round
Multicoin Capital, private investors and Robot Ventures participated in a $10 million Series A funding round for Permissionless Labs. The round closed on 9/16/2024.
Transaction Overview
Company Name
Announced On
9/16/2024
Transaction Type
Venture Equity
Amount
$10,000,000
Round
Series A
Investors
Multicoin Capital (Lead Investor)
private investors (Anatoly Yakovenko)
Proceeds Purpose
The new funds will be used to recruit marketing and engineering roles, scale the network's points of presence (POPs), and launch a private beta and testnet at Breakpoint, Solana's annual developer conference.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
3943 Irvine Boulevard 86
Irvine, CA 92602
USA
Irvine, CA 92602
USA
Phone
Undisclosed
Website
Email Address
Overview
Permissionless Labs is a cutting-edge research and development company dedicated to pioneering permissionless technologies that reshape the landscape of digital content distribution. Our team consists of experts in the video and media industries, with deep experience in engineering, cloud computing, and blockchain technology.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
David Rhodus
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We document funding rounds that are announced publicly. All VC database entries reported here are sourced from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.
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