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Merkle Science - Extended Series A
Overview
Funding Date
August 9, 2022
Financing amount
$19M
Valuation
--
Catagory
Subcategory
About Merkle Science - Extended Series A
Merkle Science, a predictive blockchain analytics platform, has added $19 million to its Series A funding round. The amount brings the total funds raised in the round to more than $24 million at an undisclosed valuation. The capital will help Merkle expand in the U.S. and fund research and development for forensics and analytics tools for emerging technologies such as decentralized finance (DeFi), an area where Merkle is seeing interest among institutional investors, and cross-chain bridge protocols. The funding extension was co-led by tech-focused venture capital firm Beco Capital, Darrow Holdings (a Susquehanna affiliate) and K3 Ventures.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United Arab Emirates | 2012 | 6 | -- | ||
| Fund | -- | -- | 1 | info@DarrowHoldings.com | ||
| Fund | Singapore | 2017 | 6 | hr@k3ventures.com |
Founders & Team
Mriganka Pattnaik
Company Profile / Project Introduction
Founded in 2018, Merkle offers threat detection, risk mitigation and compliance tools that help crypto companies, financial institutions and government agencies identify and prevent cryptocurrency-related crimes. The platform uses machine learning to track suspicious crypto wallets based on behavioral patterns.