Fundz

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

PRIVATEMar 12, 2024

Amount Raised

$8 Million

Round Type

Series B

New YorkSoftwareBlockchainCryptocurrency

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.

Who else raised in Blockchain and Cryptocurrency around the same time

Companies in the same sectors as Elixir that raised within 45 days of this round, from Fundz verified event records.

  • Movement Labs raised $38M (Series A) on April 25, 2024.
  • GPUnet raised $5.3M (Series A) on April 14, 2024.
  • Mayan raised $3M (Seed) on April 11, 2024.
  • Stream Trading raised $1.5M (Seed) on April 10, 2024.
  • Utila raised $12M (Seed) on March 5, 2024.
  • Initia raised $7.5M (Seed) on February 27, 2024.

Who to call at Elixir, and when

A new round usually means Elixir is about to hire and buy. The teams that reach out first get the meeting.

  • An alert the day Elixir raises, hires an executive or expands, scored against what you sell
  • The decision-makers there, with verified emails
  • Who you already know at Elixir, from your own LinkedIn network

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Company Information

Company

Elixir

Location

New York, New York, United States

About

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

AI made execution free. Knowing first is the whole game now.

Fundz sees it the moment Elixir raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.

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Funding Insights

What this usually means
Timeline to next round
Series B companies typically work for 15-20 months before raising new capital
Growth expectations
Series B companies are expected to scale rapidly and expand market reach

Elixir raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.