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t3rn - Strategic
Overview
Funding Date
November 24, 2022
Financing amount
$6.5M
Valuation
--
Catagory
Subcategory
About t3rn - Strategic
t3rn has raised $6.5 million in a private token round led by Polychain Capital. Polychain Capital led the round, with Huobi Ventures, Figment Capital, Blockchange Ventures, Lemniscap and others participating, t3rn announced Thursday. The funding was secured via a simple agreement for future tokens (SAFT). The strategic funding round, which began in March and closed in September, brings t3rn's total funding to date to around $8 million. Last year, the project raised $1.35 million in a seed round.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2016 | 161 | info@polychain.capital | ||
| Fund | China | 2017 | 75 | capital@huobi.com | ||
| Fund | United States of America | 2018 | 45 | -- | ||
| Fund | United States of America | 2017 | 37 | info@blockchange.vc | ||
| Fund | Hong Kong | 2017 | 93 | info@lemniscap.vc |
Founders & Team
Maciej Baj
Company Profile / Project Introduction
t3rn is a Polkadot-based blockchain interoperability protocol that aims to facilitate cross-chain transaction. t3rn started in 2020 to offer cross-chain transactions across Polkadot's ecosystem and beyond. t3rn is under development as a parachain in the Polkadot ecosystem. It will soon be launched on mainnet, supporting blockchains across consensus mechanisms and programming languages, including Ethereum Virtual Machine, Solidity and Ink.