Tech Company Financing Transactions

Midas Funding Round

Midas secured a $11 million Seed funding round on 2/14/2022. Investors included Earlybird Venture Capital, Spark Capital and private investors.

Transaction Overview

Company Name
Announced On
2/14/2022
Transaction Type
Venture Equity
Amount
$11,000,000
Round
Seed
Investors

Earlybird Venture Capital (Lead Investor)

Spark Capital (Lead Investor)

private investors (Nigel Morris)

Revo Capital

Proceeds Purpose
The Istanbul-based team of 70 will use the funding to launch a series of crypto products as well as continue building an infrastructure that will support both traditional and neo-banks in their investment offers.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Istanbul, Undisclosed
Turkey
Phone
Undisclosed
Email Address
Overview
Midas is a financial institution established under the Capital Markets Law No. 6362, which operates as an intermediary in the capital markets. Midas is among the institutions obliged to comply with the laws and regulations of the Financial Crimes Investigation Board (MASAK).
Profile
Midas LinkedIn Company Profile
Social Media
Midas Company Twitter Account
Company News
Midas News
Facebook
Midas on Facebook
YouTube
Midas on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Egem Eraslan
  Egem Eraslan LinkedIn Profile  Egem Eraslan Twitter Account  Egem Eraslan News  Egem Eraslan on Facebook


 

 

Browse more venture capital transactions:

Prev: 2/14/2022: UtiliData venture capital transaction
Next: 2/15/2022: Payhawk venture capital transaction

 

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About Database of VC Transactions

We do our best to report on all VC transactions involving tech companies. VC investment data records reported here are derived from news reports and company announcements. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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