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Informal Systems - Undisclosed
Overview
Funding Date
June 9, 2023
Financing amount
$5.3M
Valuation
--
Catagory
Subcategory
About Informal Systems - Undisclosed
Informal Systems has raised $5.3 million in a funding round led by CMCC Global, other investors included Nascent, Maven 11. Angel investors also participated, from companies such as Celestia and EigenLayer. The funds will boost the company's security auditing division, Informal Security. This helps projects find bugs and improve their code.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Hong Kong | 2016 | 21 | -- | ||
| Fund | United States of America | 2020 | 58 | hello@nascent.xyz | ||
| Fund | Netherlands | 2015 | 66 | joost@maven11.com |
Company Profile / Project Introduction
Informal Systems is a core contributor of the Cosmos Network software and protocols, with a focus on the Tendermint consensus engine, the IBC interoperability standard, and the Cosmos Hub. The mission of Informal Systems is to leverage interchain tech to transform the quality standards of software, money, & organizations.