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      Shardeum's Logo

      Shardeum - Strategic

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      July 7, 2023

      Financing amount

      $5.4M

      Valuation

      $248M

      Catagory

      Web3

      Subcategory

      Scalability

      About Shardeum - Strategic

      Shardeum, a Layer 1 blockchain deploying dynamic state sharding, completed a strategic funding round for $5.4 million.

      The firm intends to use the funds to bolster its ecosystem as it prepares to launch its mainnet by the end of 2023. Participants in the round include Amber Group, Galxe, J17 Capital, TRGC, Jsquare, Bware Labs, Tané Labs, Hyperithm Group and Luganodes. The firm's most up-to-date valuation is $248 million.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund Hong Kong 2017 71 contact@ambergroup.io
      Corporate Unknown -- 9 --
      Fund Canada -- 7 --
      Fund Netherlands 2018 25 evtk@trgroup.io
      Fund -- 2021 32 --
      Corporate Romania -- 3 --
      Fund Emirate of Dubai 2022 6 --
      Fund Japan -- 20 --
      Corporate Switzerland 2022 1 --

      Founders & Team

      Nischal Shetty's Logo

      Nischal Shetty

      Omar Syed's Logo

      Omar Syed

      Company Profile / Project Introduction

      Shardeum is the world's first layer 1 blockchain that solves the scalability trilemma. Shardeum is an EVM-based, linearly scalable smart contract platform that provides low gas fees forever while maintaining true decentralization and solid security. The network aims to onboard billions of daily users and numerous dApps to Web 3.0 in the future. Shardeum's smart contract platforms are deployed in developer and user-friendly programming languages - Solidity & Vyper.

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      *Fundraising Announcement: Click here