Tech Company Financing Transactions
RedStone Funding Round
RedStone closed a $15 million Series A funding round on 7/2/2024. Investors included Arrington Capital, Amber Group and gumi Cryptos Capital.
Transaction Overview
Company Name
Announced On
7/2/2024
Transaction Type
Venture Equity
Amount
$15,000,000
Round
Series A
Investors
Proceeds Purpose
The fresh round of capital will go towards hiring new team members.
Company Information
Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Mühlegasse 18
Baar, 6340
Switzerland
Baar, 6340
Switzerland
Phone
Undisclosed
Website
Email Address
Overview
RedStone creates cross-chain data oracle providing pricing data for Smart Contracts & DeFi protocols. Our mission is to unlock Web3 potential with affordable and reliable data feeds delivered to multiple chains including i.e. Ethereum, Avalanche or Polygon. We leverage Arweave blockchain to create affordable storage with a permanent audit trail of crypto and real world data feeds.
Management Team
Title
Name
Email & Social
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We do our best to report on all VC transactions involving tech companies. VC transactions on this site are sourced from news reports and company announcements. The data is sourced from VentureDeal.com, an affiliated venture.
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