Pine Protocol, Nft Financing Platform, Closes $3M Private Round, Led By Amber Group & Sparkle Ventures
Amount Raised
$3 Million
Round Type
Seed
SingaporeFinancial ServicesFintechLendingInvestors
Description
Pine Protocol, a pioneer of the emerging NFT-fi (NFT finance) space through NFT (Non-fungible token) lending and financing, has raised $3 million from investors co-led by Amber Group and Sparkle Ventures, an investment firm jointly created by Animoca Brands and the founders of The Sandbox. Pine Protocol specializes in decentralized and non-custodial NFT-backed loans, where users are able to harness their NFT assets as collateral to borrow cryptocurrencies such as Ethereum (ETH) from lenders.
Quick answer
Pine Protocol raised $3 Million in a Seed round, dated December 6, 2022. Investors: Sparkle Ventures. Pine Protocol is based in Singapore.
- How much did Pine Protocol raise?
- Pine Protocol raised $3 Million in a Seed round on December 6, 2022.
- Who invested in Pine Protocol?
- Sparkle Ventures is named as investors in this round.
- What does Pine Protocol do?
- The company has announced this investment round completion as it gears up for its upcoming $PINE token IDO (Initial DEX Offering) supported by Impossible Finance, in conjunction with their anticipated platform update,..
- Where is Pine Protocol based and how big is it?
- Pine Protocol is based in Singapore.
Source: Fundz verified event record.
Who else raised in Financial Services and Fintech around the same time
Companies in the same sectors as Pine Protocol that raised within 45 days of this round, from Fundz verified event records.
- Link Pay raised $30M (Funding Round) on January 19, 2023.
- Monarch raised $1M (Seed) on January 13, 2023.
- VettaFi raised an undisclosed amount (Corporate Round) on January 9, 2023.
- KreditBee raised an undisclosed amount (Funding Round) on January 6, 2023.
- Pagaya Technologies raised $17M on January 5, 2023.
- Akulaku raised $200M on December 26, 2022.
Who to call at Pine Protocol, and when
A new round usually means Pine Protocol is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Pine Protocol raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Pine Protocol, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Pine Protocol. With Fundz connected, it knows.
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Fundz sees it the moment Pine Protocol raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Pine Protocol 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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