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INIT Capital raises $3.1m in seed round co-led by Electric Capital

Feb 22, 2024•almost 2 years ago

Amount Raised

$3.1 Million

Round Type

seed

LondonSoftware Development

Investors

Julian KohGuy YoungNomad CapitalRobot VenturesMaelstrom.FundMirana VenturesElectric Capital

Description

INIT Capital raised $3.1 million in a seed funding round co-led by Electric Capital and Mirana Ventures to enhance partnerships with decentralized exchanges and applications.

Company Information

Company

INIT Capital

Location

London, England, United Kingdom

About

Building Liquidity Hook Money Market. Lend, Borrow & Access Yield Strategies seamlessly with Liquidity Hooks.

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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