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      Magna's Logo

      Magna - Seed

      Overview Investors Company Profile / Project Introduction

      Overview

      Funding Date

      September 15, 2022

      Financing amount

      $15M

      Valuation

      $70M

      Catagory

      Others

      Subcategory

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      About Magna - Seed

      Magna closed a $15 million seed round led by venture capital firms Tiger Global and Tusk Venture Partners. Other participants in the round included Shima Capital, Circle Ventures, Solana Ventures, Polygon Ventures, Avalanche Labs and Galaxy Labs. Individual investors included ex-Coinbase executive Balaji Srinivasan, Messari's Ryan Selkis and DJ Steve Aoki.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      FundUnited States of America200154--
      FundUnited States of America20153--
      FundUnited States of America--175--
      CorporateUnited States of America201380info@circle.com
      Fund--202195--
      CorporateUnited States of America201812contact@avalabs.org
      CorporateUnited States of America--1--
      Angel InvestorUnited States of America--107--
      Angel InvestorUnited States of America--33--
      Angel InvestorUnited States of America--8--

      Company Profile / Project Introduction

      Magna is building token distribution software that makes it easier for protocols, decentralized autonomous organizations (DAO) and crypto funds to send and receive tokens, a process that has so far lacked automation and has been prone to error.

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      *Fundraising Announcement: Click here