Tech Company Financing Transactions
Pell Network Funding Round
Pell Network, based in Singapore, secured $3 million from HALO Capital Group, Mirana Ventures and ArkStream Capital.
Transaction Overview
Company Name
Announced On
10/18/2024
Transaction Type
Venture Equity
Amount
$3,000,000
Round
Seed
Investors
HALO Capital Group (Lead Investor)
Mirana Ventures (Lead Investor) (David Toh)
Proceeds Purpose
The funds will be used to develop Pell's innovative network, which aims to build an omnichain DVS network powered by restaking. By leveraging Liquid Staking Tokens (LST), Pell Network plans to break down barriers between siloed blockchains and foster the long-term sustainability of the entire ecosystem.
Company Information
Company Status
Private & Independent
Industry
Networking
Mailing Address
Undisclosed
Singapore, Undisclosed
Singapore
Singapore, Undisclosed
Singapore
Phone
Undisclosed
Website
Email Address
Overview
Pell extends the cryptoeconomic security of BTC and its LSD to additional applications through multiple coordinated components.
Profile
Social Media
Company News
Facebook
YouTube
Management Team
Title
Name
Email & Social
Co-Founder
Xavier Xiang
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