Seed Round
Funding Details
Inco has raised $4.5 million in seed funding to accelerate its development of innovative blockchain solutions. The funding will be utilized to enhance its technology and expand its collaborative efforts within the blockchain ecosystem. This round brings Inco's total funding to $10 million, as it leverages various cryptographic techniques to build a confidential compute environment for decentralized applications. The funding was realized through a SAFE plus token warrants structure, allowing for flexible investment terms. Inco aims to create a more secure and efficient decentralized application environment, addressing the growing demand for privacy and confidentiality in blockchain technology. The company is actively collaborating with other projects to create innovative solutions in the blockchain space. Notably, Inco has introduced its first testnet, Gentry, which is designed to pioneer privacy-first blockchain applications.
Confidence Score
Participating Investors
1kxnetwork is a venture capital firm focused on investing in blockchain and cryptocurrency projects, specializing in ecosystem growth and network buil...
GSR is a global leader in crypto trading and market-making, specializing in providing liquidity, trading, and risk management solutions in the digital...
Fenbushi Capital is Asia's pioneering blockchain-focused asset management firm, established in 2015. It specializes in investing in innovative solutio...
Circle is a global financial technology firm that provides blockchain-based payment solutions, building the largest stablecoin network to facilitate d...
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