Yala raised $8 million in a seed funding round co-led by Polychain Capital and Ethereal Ventures to develop a bitcoin-backed stablecoin.
Amount Raised
$8 Million
Round Type
Seed
Investors
Description
Yala, a startup focused on developing a bitcoin-backed stablecoin, successfully raised $8 million in an oversubscribed seed funding round. The round was co-led by Polychain Capital and Ethereal Ventures, with participation from several other notable investors.
Quick answer
Yala raised $8 Million in a Seed round, dated October 10, 2024. Investors: Satoshi Lab, Hashkey Capital, UTXO Management, Galaxy Vision Hill, Anagram, Abcde, Amber Group and Polychain Capital.
- How much did Yala raise?
- Yala raised $8 Million in a Seed round on October 10, 2024.
- Who invested in Yala?
- Satoshi Lab, Hashkey Capital, UTXO Management, Galaxy Vision Hill, Anagram, Abcde, Amber Group and Polychain Capital are named as investors in this round.
- What does Yala do?
- Yala has developed a modular approach allowing for the deployment of cross-chain modules on various environments, including EVM-compatible chains like Ethereum and non-EVM chains like Solana, enhancing Bitcoin..
- Who are the decision-makers at Yala?
- Fundz holds 1 contact at Yala. Names and contact details are shown to Fundz members.
Source: Fundz verified event record.
Who else raised in Fintech and Blockchain around the same time
Companies in the same sectors as Yala that raised within 45 days of this round, from Fundz verified event records.
- Borderless.xyz raised $3M (Pre-Seed) on October 23, 2024.
- Monark Markets raised $2.2M (Seed) on October 22, 2024.
- Hermetica raised $1.7M (Seed) on October 16, 2024.
- Sidepit raised an undisclosed amount (Pre-Seed) on October 10, 2024.
- Helix Labs raised $2M (Pre-Seed) on September 23, 2024.
- True Markets raised $9M (Seed) on September 18, 2024.
Who to call at Yala, and when
A new round usually means Yala is about to hire and buy. The teams that reach out first get the meeting.
- An alert the day Yala raises, hires an executive or expands, scored against what you sell
- The decision-makers there, with verified emails
- Who you already know at Yala, from your own LinkedIn network
Works inside ChatGPT and Claude. Ask who to call at Yala. With Fundz connected, it knows.
AI made execution free. Knowing first is the whole game now.
Fundz sees it the moment Yala raises, hires an exec or expands, usually minutes after it happens, and tells you who to reach.
Related People
Yala 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.
5 screens from a live account. No signup.