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Hermetica - Seed
Overview
Funding Date
October 16, 2024
Financing amount
$1.7M
Valuation
--
Category
Subcategory
About Hermetica - Seed
The Bitcoin-backed stablecoin developer Hermetica raised $1.7 million in seed funding. UTXO Management led the round, which had further support from CMS Holdings, Ethos Fund, Trust Machines SPV, Newman Capital, Silvermine and numerous angel investors.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 2019 | 29 | [email protected] | ||
Fund | United States of America | 2019 | 155 | [email protected] | ||
Fund | Unknown | -- | 1 | -- | ||
Corporate | United States of America | 2022 | 4 | -- | ||
Fund | Hong Kong | 2021 | 19 | -- |
Founders & Team
Jakob Schillinger
Company Profile / Project Introduction
Hermetica is the creator of USDh, the first Bitcoin-backed, yield-bearing synthetic dollar on both Bitcoin layer 1 and 2; earn up to 25% on your dollars without leaving Bitcoin.