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      Portal's Logo

      Portal - Seed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      January 30, 2024

      Financing amount

      $34M

      Valuation

      --

      Category

      Infrastructure

      Subcategory

      Bitcoin

      About Portal - Seed

      Portal, a startup building a Bitcoin-based cross-chain decentralized exchange and wallet, has raised $34 million in a seed funding round. Investors in the round included Coinbase Ventures, Arrington Capital, OKX Ventures, and Gate.io and others for building DeFiOnBitcoin. This funding will be crucial to expanding the technological infrastructure of Portal that aims to foster truly decentralized, trust-less, bridge-less, and custodian-less cross-chain swaps with simplified UI. 

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund United States of America 2018 310 --
      Fund United States of America 2017 95 [email protected]
      Corporate Hong Kong 2017 144 [email protected]
      Fund United States of America 2013 73 [email protected]

      Founders & Team

      Chandra Duggirala's Logo

      Chandra Duggirala

      George Burke's Logo

      George Burke

      Manoj Duggirala's Logo

      Manoj Duggirala

      Company Profile / Project Introduction

      Portal is a Bitcoin-based cross-chain atomic swaps protocol. Its two main products are a decentralized exchange and a wallet. Portal DEX enables Layer 2 atomic swaps of cryptocurrencies across blockchains. Portal wallet, a "fully non-custodial" tool, integrates the DEX and allows users to send, receive, and store cryptocurrencies across blockchains.

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      *Fundraising Announcement: Click here