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Magna - Seed
Overview
About Magna - Seed
Magna closed a $15 million seed round led by venture capital firms Tiger Global and Tusk Venture Partners. Other participants in the round included Shima Capital, Circle Ventures, Solana Ventures, Polygon Ventures, Avalanche Labs and Galaxy Labs. Individual investors included ex-Coinbase executive Balaji Srinivasan, Messari's Ryan Selkis and DJ Steve Aoki.
Investors
Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
---|---|---|---|---|---|---|
Fund | United States of America | 2001 | 54 | -- | ||
Fund | United States of America | 2015 | 3 | -- | ||
Fund | United States of America | -- | 180 | -- | ||
Corporate | United States of America | 2013 | 84 | info@circle.com | ||
Fund | -- | 2021 | 99 | -- | ||
Corporate | United States of America | 2018 | 13 | contact@avalabs.org | ||
Corporate | United States of America | -- | 1 | -- | ||
Angel Investor | United States of America | -- | 117 | -- | ||
Angel Investor | United States of America | -- | 34 | -- | ||
Angel Investor | United States of America | -- | 9 | -- |
Company Profile / Project Introduction
Magna is building token distribution software that makes it easier for protocols, decentralized autonomous organizations (DAO) and crypto funds to send and receive tokens, a process that has so far lacked automation and has been prone to error.