Fundz

Nchain Completed The Investment Of $2.4 Million In Asset Layer To Build Next-Gen Apps For Web3

PRIVATEMay 05, 2023

Round Type

Venture

BlockchainCryptocurrency

Investors

N Chain

Description

nChain, a world leader in Web3 and Blockchain technologies, today announces that it is investing $2.4 million and taking a 20% equity stake in Asset Layer, a complete digital asset platform powered by blockchain.

Quick answer

nChain raised an undisclosed amount in a funding round, dated May 5, 2023. Investors: N Chain.

How much did nChain raise?
nChain raised an undisclosed amount in a funding round on May 5, 2023.
Who invested in nChain?
N Chain is named as investors in this round.
What does nChain do?
nChain is a global blockchain technology company and recently voted one of the Top 100 most innovative firms in the world.
Who are the decision-makers at nChain?
Fundz holds 1 contact at nChain. 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 nChain that raised within 45 days of this round, from Fundz verified event records.

  • INX Digital Company raised $5.3M on June 19, 2023.
  • Intuition raised $4M (Seed) on June 15, 2023.
  • BoomFi raised $3.8M (Seed) on June 13, 2023.
  • Openfort raised $3M (Seed) on May 22, 2023.
  • Finterest raised $120K (Seed) on May 10, 2023.
  • Webb raised $7M (Funding Round) on May 8, 2023.

Who to call at nChain, and when

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

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

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Company Information

Company

nChain

About

nChain is a global blockchain technology company and recently voted one of the Top 100 most innovative firms in the world. We offer software, IP licensing and consulting services across several industries, including gaming, supply chain and finance. Our mission is to build the infrastructure of the future, which we call ‘securing the internet of value’. Founded in 2015, nChain employs more than 250 staff, holds over 400 patents and is the brand behind the Bitcoin SV Node software, Teranode, LiteClient, Data Integrity and more.

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nChain raised. Fundz records a round at a median of 3.6 minutes from the SEC filing, with the decision-maker attached.

145 of these a day, filtered to the companies you pick, with the decision-maker attached.

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Fundz is a real-time business intelligence platform powered by agentic AI that proactively delivers personalized daily signals, including funding rounds, executive changes, M&A activity, 13F institutional filings, SEC 8-K events, investor activity, and website modifications, based on each user's watchlist and ICP. A trusted data source at firms such as BlackRock, Oracle, Kleiner Perkins, LinkedIn, HubSpot, and Cloudflare, Fundz democratizes the institutional-grade intelligence that previously required a PitchBook or Bloomberg terminal. Features include Daily Briefing for AI-powered daily briefings, and unified cross-signal alerts across 281,000+ organizations. Developers and data teams can access these signals programmatically via the Fundz Funding Data API, with transparent published pricing.