Express

Startup Gelato Network Raised $1.2 M Seed Fund, Led By IOSG Ventures And Galaxy Digital

Mary Liu

Summary: Today, Berlin-based startup Gelato Network announced it has raised a $1.2 million seed round fund, led by IOSG Ventures and crypto commercial bank Galaxy Digital, MetaCartel Ventures and The LAO also participated in this investment. Founded in 2019, the startup aims to create a tech stack for automated Ethereum services that allow developers to automatically ...

Today, Berlin-based startup Gelato Network announced it has raised a $1.2 million seed round fund, led by IOSG Ventures and crypto commercial bank Galaxy Digital, MetaCartel Ventures and The LAO also participated in this investment.

Founded in 2019, the startup aims to create a tech stack for automated Ethereum services that allow developers to automatically execute contracts. The $1.2million funds will be used to develop its network infrastructure and establish a decentralized autonomous organization (DAO), which will one day take over governance.

By Mary Liu

Last Update:

Tags: ,,
Link: Startup Gelato Network Raised $1.2 M Seed Fund, Led By IOSG Ventures And Galaxy Digital   [Copy]
  • Mini Altcoin Season Brewing? Old Guard's Rally Signals Potential Shift 3 hours ago
  • New All-Time High for BTC: Weekly Market Outlook & Strategy 1 day ago
  • Bitcoin Surges to New Highs, Momentum Points to Further Gains 5 days ago
  • Circle Intensifies Stablecoin Push with Key Exchange Partnerships 6 days ago
  • Trump's "Big and Beautiful" Bill Passes: Biden and Harris Criticize, Financial Expert O... 12 days ago
  • You need to login to comment.