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RedStone - Series A
Overview
Funding Date
July 2, 2024
Financing amount
$15M
Valuation
--
Catagory
About RedStone - Series A
RedStone has raised $15 million in Series A funding round led by Arrington Capital. Other participants in this round included SevenX, IOSG Ventures, The Spartan Group, White Star Capital, Kraken Ventures, Amber Group, Protagonist, gumi Cryptos, Christian Angermayer's Samara Asset Group and HTX Ventures. The new funding will be used to hire new team members.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | China | 2020 | 97 | info@7xvc.com | ||
| Fund | Hong Kong | 2017 | 98 | hello@iosg.vc | ||
| Fund | Singapore | 2018 | 168 | info@spartangroup.io | ||
| Fund | United States of America | 2007 | 29 | info@whitestarvc.com | ||
| Corporate | -- | -- | 38 | -- | ||
| Fund | Hong Kong | 2017 | 58 | contact@ambergroup.io | ||
| Fund | United States of America | 2022 | 7 | -- | ||
| Fund | Japan | 2018 | 52 | info@gumi-cryptos.com | ||
| Uncategorized | Malta | 2018 | 5 | -- | ||
| Fund | Vietnam | 2017 | 12 | -- |
Founders & Team
Jakub Wojciechowski
Company Profile / Project Introduction
Redstone Oracle aims to offer quick and inexpensive connectivity by leveraging a proprietary method for putting data on blockchains, called the EVM connector. This method is intended to quickly and economically aggregate data from external sources like the foreign exchange market and price feeds for long-tail tokens, non-fungible tokens (NFT) and commodities as the data automatically attaches itself to a transaction and erases itself. Currently, RedStone Oracle passes data packages into transaction call data by accessing over 1,000 data feeds, which are updated every 10 seconds.