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MANTRA - Strategic
Overview
Funding Date
March 19, 2024
Financing amount
$11M
Valuation
--
Catagory
Subcategory
About MANTRA - Strategic
MANTRA Chain raised $11 million to build a network tailored to real-world assets. Shorooq Partners is a leading investment firm specializing in seed and early-stage startups in MENA and Asia. This strategic funding round was also joined by Three Point Capital, Forte Securities, Caladan, Virtuzone, Hex Trust, Token Bay Capital, GameFi Ventures, Mapleblock, Fuse Capital, 280 Capital and others.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United Arab Emirates | 2017 | 4 | -- | ||
| Fund | United States of America | -- | 3 | -- | ||
| Corporate | United Kingdom | 2008 | 1 | info@fortesecurities.com | ||
| Fund | Singapore | 2017 | 17 | -- | ||
| Corporate | United Arab Emirates | 2009 | 1 | -- | ||
| Fund | Hong Kong | -- | 4 | -- | ||
| Fund | Hong Kong | 2021 | 13 | -- | ||
| Fund | -- | -- | 12 | -- | ||
| Fund | -- | 2021 | 24 | -- | ||
| Fund | Brazil | 2019 | 5 | zap@fuse.capital |
Founders & Team
John Patrick Mullin
Martin Halford
Company Profile / Project Introduction
MANTRA Chain is a modular Layer 1 blockchain that leverages Cosmos SDK for its architecture. MANTRA Chain encapsulates a secure and scalable infrastructure that allows developers to build interoperable dApps and Protocols. The Inter-Blockchain Communication (IBC) Protocol enables seamless communication and transfer of assets between different blockchains within the Cosmos ecosystem.