Euclid raised $600,000 in a pre-seed funding round led by tech investment firm Kahuna Network and angel investor Tomoaki Sato to develop a decentralized unified cross-chain liquidity infrastructure.
May 09, 2024•over 1 year ago
Amount Raised
$600,000
Round Type
seed
Investors
Nibiru ChainAndromedaLavender FiveTomoaki SatoKahuna Network
Description
Euclid, a Nibiru-powered Web3 start-up, emerged from stealth after raising $600,000 in a pre-seed funding round. The funds will be used for the development of the architecture and project as well as business development, audits, and marketing.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech