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Huddle01 - Seed
Overview
Funding Date
April 6, 2023
Financing amount
$2.8M
Valuation
--
Catagory
About Huddle01 - Seed
Huddle01, a US and India-based company that’s building the world’s first decentralized real-time communication (dRTC) network, announced today that it had raised $2.8M in Seed Round led by the leading digital asset investment firm – Hivemind, taking the company’s total raise to $4.5M till date. This round was participated by funds that include Superscrypt, M31 Capital, Protocol Labs, East Ventures, LongHash Ventures, Good News Ventures, and notable angel investors like Balaji Srinivasan, Stani Kulechov, Dan Romero and Juan Benet amongst others.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | -- | 10 | -- | ||
| Corporate | Singapore | -- | 25 | -- | ||
| Fund | United States of America | -- | 4 | contact@m31.capital | ||
| Lab | United States of America | 2014 | 70 | -- | ||
| Fund | Singapore | 2009 | 5 | -- | ||
| Fund | Singapore | 2018 | 82 | operations@longhash.vc | ||
| Fund | Canada | 2017 | 3 | -- | ||
| Angel Investor | United States of America | -- | 117 | -- | ||
| Angel Investor | United Kingdom | -- | 54 | -- | ||
| Angel Investor | United States of America | -- | 12 | -- |
Founders & Team
Ayush Ranjan
Susmit
Company Profile / Project Introduction
Huddle01 was co-founded at the 2020 ETHGlobal hackathon with a vision to make real-time communication open, secure, and borderless by leveraging blockchain & crypto-economics. Huddle01 has its own video meeting platform similar to Zoom that uses crypto primitives and has clocked in 1 million+ minutes of meetings. The infrastructure (developer SDKs) has over 100 projects built on top of it in categories like social, DAO tooling, education and the metaverse. Multiple web3 applications have integrated the composable Huddle01 SDKs as their video communication layer. The dRTC network will be launched by Q4 of 2023 and will eliminate the dependency on centralized servers for real-time video communication.