VC Fund Investments
Crypto platform Mudrex raises $6.5 M from Arkam Ventures, Tribe Capital, others
Mudrex, a Bengaluru- and San Francisco-based, Y Combinator-backed crypto investing platform, has raised USD 6.5 million in a pre-Series A round from Arkam Ventures, Tribe Capital and Bolt by QED Investors. The startup aims to simplify crypto investing by providing products similar to mutual funds and ETFs, but for crypto. The pre-Series A round follows a USD 2.5 million seed funding the startup raised four months ago led by Nexus Venture Partners and Village Global, with participation from Kunal Shah, Anand Chandrashekharan and Anjali Bansal.
From the Venture Intelligence PE-VC Deal Database: In Aug-21, Mudrex raised $2.5 M from Village Global, Nexus Venture Partners, and others.
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