Initia raised $14 million in a Series A led by Theory Ventures to develop a Layer 1 blockchain and interwoven optimistic rollups.
Amount Raised
$14 Million
Round Type
Series A
SingaporeSoftwareBlockchainCryptocurrencyInvestors
Description
Initia has successfully closed a Series A funding round, raising $14 million, with a total funding amounting to $22.5 million. The round was led by Theory Ventures, along with participation from various angel investors and other venture firms.
Quick answer
Initia raised $14 Million in a Series A round, dated September 25, 2024. Investors: Michael Egorov, Jordi Alexander, Zaki Manion, Bryan Pellegrino, Keone Hon, Hack VC, Delphi Ventures and Theory Ventures. Initia is based in Singapore, Southeast Asia, Singapore.
- How much did Initia raise?
- Initia raised $14 Million in a Series A round on September 25, 2024.
- Who invested in Initia?
- Michael Egorov, Jordi Alexander, Zaki Manion, Bryan Pellegrino, Keone Hon, Hack VC, Delphi Ventures and Theory 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.
- Variational raised $10M (Seed) on October 23, 2024.
- Chaos Labs raised $55M (Series A) on August 15, 2024.
- Helius Blockchain Technologies raised $22M on November 8, 2024.
- Pantheon Mining raised $1.1M (Seed) on November 7, 2024.
- Pond raised $7.5M (Seed) on November 7, 2024.
- Crusoe raised $686M on November 6, 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
Works inside ChatGPT and Claude. Ask who to call at Initia. With Fundz connected, it knows.
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Funding Insights
What this usually meansInitia raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.
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