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Neutron - undisclosed
Overview
Funding Date
June 21, 2023
Financing amount
$10M
Valuation
--
Category
Subcategory
About Neutron - undisclosed
Binance Labs, the venture capital and incubation arm of crypto exchange Binance, has taken the lead in a $10 million funding round for Neutron. CoinFund co-led the funding, proceeds from which will help advance development of Neutron's blockchain software and promote growth for its ecosystem. Other investors in the round included Delphi Ventures, LongHash Ventures, Semantic Ventures and Nomad Capital.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | Malta | 2018 | 151 | -- | ||
| Fund | United States of America | 2015 | 89 | [email protected] | ||
| Corporate | United States of America | 2018 | 22 | -- | ||
| Fund | Singapore | 2018 | 84 | [email protected] | ||
| Fund | United Kingdom | 2017 | 24 | [email protected] | ||
| Corporate | Unknown | 2022 | 28 | [email protected] |
Founders & Team
Avril Dutheil
Company Profile / Project Introduction
Neutron is the secure permission-less smart contract platform for Interchain DeFi, powered by Tendermint and built with the Cosmos SDK. Neutron, which had its mainnet launch in May, is a cross-chain smart contract platform that uses the Cosmos ecosystem's interchain security feature, Replicated Security (RS). Developers can use Neutron to build smart contracts and decentralized applications (dapps) in a cost-effective and secure environment, the firm said in the statement.