RedStone Oracles raised $15M in a Series A funding round led by Arrington Capital to expand marketing and business development divisions for DeFi market support
Amount Raised
$15 Million
Round Type
Series A
BaarFinancial ServicesFinanceBlockchainCryptocurrencyLendingAnalyticsInvestors
Description
HTX Ventures, the global investment arm of the cryptocurrency exchange HTX, has announced a strategic investment in RedStone Oracles to support a more efficient and user-friendly DeFi market. RedStone Oracles, known for delivering diverse, high-frequency data feeds to EVM Layer1, Layer2, Rollup-as-a-Service networks, and beyond, including Starknet, Fuel Network, and TON, closed its $15 million Series A round. The funds will be used to expand the Marketing and Business Development divisions, fueling an extensive Q3/Q4 growth pipeline.
Quick answer
RedStone Oracles raised $15 Million in a Series A round, dated July 3, 2024. Investors: Arrington Capital. RedStone Oracles is based in Baar, Zug, Switzerland.
- How much did RedStone Oracles raise?
- RedStone Oracles raised $15 Million in a Series A round on July 3, 2024.
- Who invested in RedStone Oracles?
- Arrington Capital is named as investors in this round.
- What does RedStone Oracles do?
- RedStone creates cross-chain data oracle providing pricing data for Smart Contracts & DeFi protocols 💾 Our mission is to unlock Web3 potential with affordable and reliable data feeds delivered to multiple chains..
- Where is RedStone Oracles based and how big is it?
- RedStone Oracles is based in Baar, Zug, Switzerland.
- Who are the decision-makers at RedStone Oracles?
- Fundz holds 1 contact at RedStone Oracles. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who to call at RedStone Oracles, and when
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- An alert the day RedStone Oracles raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
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Funding Insights
What this usually meansRedStone Oracles 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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