True Global Ventures invests US$5 Million into ChromaWay

Funding Rounds

Summary

“We have known True Global Ventures for several years as a unique investor that shares our vision around creating a more decentralized and fair society, where blockchain technology truly empowers the users. We have been close to investing in them several times and are very pleased to finally be working together now”, adds Dusan Stojanovic, Founding Partner of True Global Ventures 4 Plus Fund. The fund is dedicated to blockchain companies, primarily in late-stage Series B and C across four verticals: Entertainment, infrastructure, financial services, data analytics, and artificial intelligence (AI). TGV is a distributed fund with a presence in 20 cities, including Singapore, Hong Kong, Taipei, Dubai, Abu Dhabi, Moscow, Stockholm, Paris, Madrid, Warsaw, New York, San Francisco, and Vancouver. Founded in 2014, we’re a diverse team of passionate tech builders from all time zones, partnering with a growing community of creative entrepreneurs, forward-thinking clients, and thought-leading universities to build blockchain applications that are easy to use and create real value in society.

$ Funding

$
Amount $10.0M Total raised
Date January 13, 2022 Announcement date
Investors ChromaWay, TRUE GLOBAL VENTURES 4 PLUS, True Global Ventures (TGV) Lead investors
Company http://www.chromaway.com Funded company

Classifications

industries
Fintech & Banking
applications
Data Base/File Management

AskAI Classifications

Labels
Blockchain Technology Software Development Web3

Linked Companies

ChromaWay
$1M to $5M