Today I’m going to tell you about Injective investors
Let’s start with pre-seed round
*It comes right at the start of the startup’s life, when the founders are being fueled by great ideas and plenty of coffee, but have yet to start to make inroads in developing the product.
Binance was the first to support the project by investing $500k.
The next to back the project were 13 investors led by Pantera Capital, and together they invested $2.6M (Seed round)
*It is the largest crypto hedge fund in the world by AUM.
The next stage of the project’s fundraising was the ICO(Initial Coin Offering) — at this stage, Binance Labs was the main investor and raised $2.6M
*Binance Labs is committed to supporting fast-executing, technical teams who positively impact the crypto space and build the decentralised web.
Then there were two venture rounds, which raised $50M in total, with such funds as Jump crypto, BH Digital, Cadenza Ventures, QCP Capital participating in the investment.
*Jump Crypto is building a cryptocurrency infrastructure to help the blockchain and all things Web3 grow.
In total, the project raised $56.7M from Tier-1 funds
About Injective
Injective is a lightning-fast interoperable layer 1 blockchain that enables interoperability between Cosmos and ethereum in major financial applications. Injective provides developers with powerful modules to build exchanges,derivatives and Web3 applications.
