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HashPort - Series C
Overview
Funding Date
January 20, 2023
Financing amount
$7M
Valuation
--
Subcategory
About HashPort - Series C
HashPort announced on January 20 that it had raised approximately 900 million yen as the first transaction of its Series C funding round. As a result, Hashport also reported that the cumulative amount of stock raised has exceeded 1.7 billion yen.
It should be noted that this purchase is due to a third-party placement by Sumitomo Mitsui Banking Corporation and "UTEC No. 4 Investment Business Limited Liability Partnership" as underwriters. "UTEC No. 4 Investment Business Limited Liability Partnership is a fund operated by the University of Tokyo Edge Capital Partners (UTEC).
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Corporate | Japan | 1996 | 2 | -- | ||
| Corporate | Japan | 2004 | 1 | -- |
Founders & Team
Seihaku Yoshida
Takayuki Hayashi
Company Profile / Project Introduction
HashPort Group is a company that has been working on blockchain technology development since 2018. Under HashPort, which conducts blockchain-related consulting and system solutions business, there are HashPalette, which primarily conducts NFT-related business, and HashBank, which conducts financial infrastructure business.
HashPalette is the developer and publisher of Pallet Chain and Pallet Token (PLT), which was first launched in Japan in July 2021 using the "Coincheck IEO" for IEO (Initial Exchange HashBank was founded by HashPort through a corporate spin-off in April last year.