Tech Company Financing Transactions

Sovryn Funding Round

On 10/13/2022, Sovryn raised $5.4 million in financing from General Catalyst Partners, Bering Waters Ventures and Bollinger Investment Group.

Transaction Overview

Company Name
Announced On
10/13/2022
Transaction Type
Venture Equity
Amount
$5,400,000
Round
Undisclosed
Proceeds Purpose
The company intends to use the funds to expand its global financial operating system designed to provide individual self-sovereignty and financial autonomy to people.

Company Information

Company Status
Private & Independent
Industry
Blockchain
Mailing Address
Undisclosed
Gibraltar, Undisclosed
UK
Phone
Undisclosed
Email Address
Overview
Sovryn is a decentralized application allowing users to trade Bitcoin on Layer 2 in a permissionless, noncustodial, and censorship-resistant way. It allows users to leverage Bitcoin up to 5x, and earn interest, without sacrificing their security or privacy.
Profile
Sovryn LinkedIn Company Profile
Social Media
Sovryn Company Twitter Account
Company News
Sovryn News
Facebook
Sovryn on Facebook
YouTube
Sovryn on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Edan Yago
  Edan Yago LinkedIn Profile  Edan Yago Twitter Account  Edan Yago News  Edan Yago on Facebook


 

 

Browse more venture capital transactions:

Prev: 10/13/2022: Northstar venture capital transaction
Next: 10/14/2022: Waste4Change 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 sourced from company press releases and news coverage. The information comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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