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Tesseract - Undisclosed
Overview
Funding Date
September 7, 2022
Financing amount
$78M
Valuation
$145M
Catagory
Subcategory
About Tesseract - Undisclosed
Former Revolut chief revenue officer Alan Chang has raised a $78 million round for his web3 energy startup Tesseract founded with fellow ex-Revoluter Charles Orr.
Chang confirmed over Twitter direct messaging on Wednesday that Tesseract has raised $30 million in traditional equity, with the remaining amount raised through a sale of its native token. Balderton and Lakestar led the round and additional backers of the round include Accel, Low Carbon, Ribit Capital, Box Group, Creandum and former Formula One racing driver Nico Rosberg.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United Kingdom | 2000 | 6 | inbound@balderton.com | ||
| Fund | Switzerland | 2012 | 7 | IR@lakestar.com | ||
| Fund | United States of America | 1983 | 29 | kefrusy@accel.com | ||
| Fund | United States of America | 2009 | 3 | -- | ||
| Fund | United Kingdom | -- | 1 | -- | ||
| Fund | Unknown | -- | 1 | -- | ||
| Angel Investor | Monaco | -- | 1 | -- |
Founders & Team
Yichen Wu
Company Profile / Project Introduction
Tesseract is a Fin-FSA regulated digital asset innovator backed by reputable investors, focusing on institutional brokerage and asset management. They We serve investors, retail trading platforms, custodians, and borrowers of capital globally with novel technology solutions that safeguard client assets and optimise capital efficiency.