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Nomad - Seed
Overview
Funding Date
April 12, 2022
Financing amount
$22M
Valuation
$225M
Catagory
Subcategory
About Nomad - Seed
Nomad has raised ~$22M at a $225M valuation in the seed round, led by Polychain and with participation from 1kx, Ethereal, Hack VC, Circle Ventures, and others. They'll use this capital to grow the team, increase awareness of Nomad, and bring security-first interoperability to more ecosystems.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2016 | 161 | info@polychain.capital | ||
| Fund | Netherlands | 2017 | 81 | -- | ||
| Fund | United States of America | -- | 38 | -- | ||
| Fund | United States of America | 2017 | 75 | ed@hack-vc.com | ||
| Corporate | United States of America | 2013 | 85 | info@circle.com | ||
| Fund | United States of America | 2018 | 45 | -- | ||
| Fund | Hong Kong | 2017 | 71 | contact@ambergroup.io | ||
| Fund | United States of America | 2021 | 37 | -- | ||
| Fund | United States of America | 2020 | 78 | -- | ||
| Fund | Switzerland | -- | 34 | -- |
Founders & Team
Barbara Liau
James Prestwich
Pranay Mohan
Company Profile / Project Introduction
Nomad is a novel approach to blockchain interoperability that leverages an optimistic mechanism to increase the security of cross-chain communication. Using Nomad, developers can securely build cross-chain applications (or xApps) and bridge assets between chains. Nomad channels and the flagship xApp, the Nomad token bridge, are live on Ethereum and Moonbeam, with more chains coming soon.