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INDUSTRY FIRST

Elixir secured $8 million in Series B funding led by Mysten Labs and Maelstrom to enhance liquidity on orderbook exchanges.

Mar 12, 2024over 1 year ago

Amount Raised

$8 Million

Round Type

series b

New YorkSoftwareCryptocurrencyBlockchain

Investors

FlowdeskGsrAmber GroupArthur HayesManifoldMaelstromMysten Labs

Description

Elixir, a decentralized network, recently finalized a Series B funding round, reaching a valuation of $800 million. The round, co-led by Mysten Labs and Maelstrom, raised $8 million with contributions from entities including Manifold, Arthur Hayes, Amber Group, GSR, Flowdesk, among others.

Company Information

Company

Elixir

Location

New York, New York, United States

About

Building orderbook liquidity across exchanges via a high-throughput DPoS network

FundzWatch™ Score

61
Medium Activity

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Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers