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      Magna's Logo

      Magna - Seed

      Overview Investors Company Profile / Project Introduction

      Overview

      Funding Date

      September 15, 2022

      Financing amount

      $15M

      Valuation

      $70M

      Category

      Others

      Subcategory

      --

      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

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund United States of America 2001 54 --
      Fund United States of America 2015 3 --
      Fund United States of America -- 181 --
      Corporate United States of America 2013 86 [email protected]
      Fund -- 2021 101 --
      Corporate United States of America 2018 13 [email protected]
      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.

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      *Fundraising Announcement: Click here