VC Fund Investments
Crypto investment platform Pillow raises $18-M from Accel, Quona, others
Bangalore- and Singapore-based crypto investment platform Pillow has raised USD 18 million in Series A funding co-led by Accel India, Quona Capital, Elevation Capital, and Jump Capital. Founded in 2021 by Arindam Roy, Rajath KM, and Kartik Mishra, Pillow claims to have more than 75,000 users in over 60 countries. Within the Pillow app, users can invest and save in USD-backed stablecoins as well as multiple blue-chip cryptocurrencies, including Bitcoin and Ethereum. Elevation Capital was the first seed investor in Pillow, having led the round in 2021.
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