Fundz

Kiln Raises $17 Million in Funding to Power Global Expansion of Its Innovative Institutional Staking Platform

PRIVATEJan 18, 2024

Amount Raised

$17 Million

Round Type

Funding Round

ParisSoftware Development

Investors

L BankKxvcIosgCrypto.ComWintermute Ventures1kx

Description

Kiln announces the close of a $17 million funding round led by 1kx, with participation from IOSG, Crypto.com, Wintermute Ventures, KXVC, LBank and further contributions from existing investors. The assets raised will be used to fund Kiln's global expansion, including the growth of its APAC division through the opening of its APAC Headquarters in Singapore in Q1 2024, as well as further product development by expanding its platform to encompass various reward mechanisms within DeFi.

Quick answer

Kiln raised $17 Million in a Funding Round round, dated January 18, 2024. Investors: L Bank, Kxvc, Iosg, Crypto.Com, Wintermute Ventures and 1kx. Kiln is based in Paris, Ile-de-France, France.

How much did Kiln raise?
Kiln raised $17 Million in a Funding Round round on January 18, 2024.
Who invested in Kiln?
L Bank, Kxvc, Iosg, Crypto.Com, Wintermute Ventures and 1kx are named as investors in this round.
What does Kiln do?
‍Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake assets, and to whitelabel staking functionality into their offering.
Where is Kiln based and how big is it?
Kiln is based in Paris, Ile-de-France, France.
Who are the decision-makers at Kiln?
Fundz holds 1 contact at Kiln, including the CEO & Co-founder. Names and contact details are shown to Fundz members.

Source: Fundz verified event record.

Who else raised in Software Development around the same time

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

  • Synadia Communications raised $25M (Series B) on February 28, 2024.
  • Pimberly raised $5.1M (Funding Round) on February 26, 2024.
  • EigenLabs raised $100M (Series B) on February 23, 2024.
  • Serverpod raised $1.8M (Seed) on February 23, 2024.
  • Xergy raised $3.9M (Series A) on February 23, 2024.
  • Kusho raised $600K (Pre-Seed) on February 22, 2024.

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Company Information

Company

Kiln

Location

Paris, Ile-de-France, France

About

‍Kiln is the leading enterprise-grade staking platform, enabling institutional customers to stake assets, and to whitelabel staking functionality into their offering. Kiln runs validators on all major PoS blockchains, with over $2b worth of stake under management and running over 3% of the Ethereum network, on a multi-cloud, multi-region infrastructure. Kiln also provides a validator-agnostic suite of products for fully automated deployment of validators, reporting and commission management, enabling custodians, wallets and exchanges to streamline staking operations across providers. Kiln is SOC2 Type 2 certified.

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Related People

1 contact
Verified contactsLaszlo S., CEO & Co-founder hiddenSee plans and pricing
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