Private Equity

VC Fund Investments

Crypto tech firm EthSign raises $12-M led by Sequoia Capital India, Mirana Ventures

Economic Times  

EthSign has raised $12 million via “stable coin” led by Sequoia Capital India and Mirana Ventures. Sequoia Capital (US) and Sequoia Capital China also participated in the round. Other investors included Amber Group, Hack VC, Circle Ventures, and angel investors including Balaji Srinivasan (former CTO of Coinbase) and Sandeep Nailwal (cofounder of Polygon). The team will utilise the funds for product development and community growth. EthSign is building various decentralised tools for executing agreements and smart contracts, especially for web3 native business transactions. It is also building use cases to bridge the crypto and traditional worlds. EthSign is also providing use-case specific solutions like decentralized governance, decentralized bounty boards, payroll management, etc.