Tech Company Financing Transactions
Fung Funding Round
Fung, operating out of Amsterdam, received $2.7 million from Global Founders Capital, Kindred and Kingsway Capital.
Transaction Overview
Company Name
Announced On
6/6/2022
Transaction Type
Venture Equity
Amount
$2,700,000
Round
Seed
Investors
Proceeds Purpose
The company intends to use the funds to expand operations and its business reach.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Amsterdam, Undisclosed
The Netherlands
Amsterdam, Undisclosed
The Netherlands
Phone
Undisclosed
Website
Email Address
Not Recorded
Overview
Fung was founded with the idea of unifying the crypto and fiat payment rails in order to provide a seamless experience for the users and enhance the security and reliability of the current solutions. The existing payments technology consists of patchwork of systems built on outdated infrastructure.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Chief Executive Officer
Alex Schoonkind
Chief Technical Officer
Konstantin Indjov
Co-Founder
Andrei Valeanu
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Where The Data Comes From
Our team works diligently to report on every notable VC transaction. VC investment data records on this site are sourced from company press releases and news coverage. The information is sourced from VentureDeal.com, an affiliated venture.
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