Fundz

Initia raises $7.5M seed round to simplify blockchain development

PRIVATEFeb 27, 2024

Amount Raised

$7.5 Million

Round Type

Seed

SingaporeSoftwareBlockchainCryptocurrency

Investors

A CapitalBig BrainFigment CapitalNascentHack VCDelphi Ventures

Description

Initia raised $7.5 million in seed financing led by Delphi Ventures and HackVC, with participation from Nascent, Figment Capital, Big Brain, and A.Capital, to work on its testnet launch.

Quick answer

Initia raised $7.5 Million in a Seed round, dated February 27, 2024. Investors: A Capital, Big Brain, Figment Capital, Nascent, Hack VC and Delphi Ventures. Initia is based in Singapore, Southeast Asia, Singapore.

How much did Initia raise?
Initia raised $7.5 Million in a Seed round on February 27, 2024.
Who invested in Initia?
A Capital, Big Brain, Figment Capital, Nascent, Hack VC and Delphi Ventures are named as investors in this round.
What does Initia do?
Initia is a blockchain infrastructure company focusing on simplifying the development of multi-chain networks and app-specific blockchains.
Where is Initia based and how big is it?
Initia is based in Singapore, Southeast Asia, Singapore.
Who are the decision-makers at Initia?
Fundz holds 2 contacts at Initia. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Blockchain and Cryptocurrency around the same time

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

  • Mayan raised $3M (Seed) on April 11, 2024.
  • Stream Trading raised $1.5M (Seed) on April 10, 2024.
  • Elixir raised $8M (Series B) on March 12, 2024.
  • Utila raised $12M (Seed) on March 5, 2024.
  • Architect raised $12M on February 14, 2024.
  • Analog raised $16M (Funding Round) on February 12, 2024.

Who to call at Initia, and when

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

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

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Company Information

Company

Initia

Location

Singapore, Southeast Asia, Singapore

About

Initia is a blockchain infrastructure company focusing on simplifying the development of multi-chain networks and app-specific blockchains.

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