Tech Company Financing Transactions

Hermetica Funding Round

Hermetica closed a $1.7 million Seed funding round on 10/17/2024. Backers included UTXO Management, CMS Holdings and Ethos VC.

Transaction Overview

Company Name
Announced On
10/17/2024
Transaction Type
Venture Equity
Amount
$1,700,000
Round
Seed
Proceeds Purpose
The company intends to use the funds to accelerate the growth of USDh, which is natively issued on Bitcoin Layer 1 through Runes and Layer 2 through the Stacks network and is available to purchase on decentralized exchanges.

Company Information

Company Status
Private & Independent
Industry
FinTech
Mailing Address
Undisclosed
Panama City, Undisclosed
Republic of Panama
Phone
Undisclosed
Email Address
Overview
USDh is the first Bitcoin-backed, yield-bearing synthetic dollar outside the fiat system.
Profile
Hermetica LinkedIn Company Profile
Social Media
Hermetica Company Twitter Account
Company News
Hermetica News
Facebook
Hermetica on Facebook
YouTube
Hermetica on YouTube

Management Team

Title
Name
Email & Social
Chief Executive Officer
Jakob Schillinger
  Jakob Schillinger LinkedIn Profile  Jakob Schillinger Twitter Account  Jakob Schillinger News  Jakob Schillinger on Facebook


 

 

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We document every notable VC transaction. VC investment data records on this site are sourced from news reports and company announcements. The data comes to us via our partnership with VentureDeal.com, an affiliated venture.

 


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