Announced
Completed
Financials
Sources
Tags
Private
Private Equity
Completed
Minority
Cross Border
blockchain-based applications
Single Bidder
United States
Digital Services
Acquisition
Friendly
Synopsis
Kora Management and SoftBank Vision Fund 2 led a $200m Series B round in Aleo, a platform for building private blockchain-based applications, with participation from Tiger Global, Sea Capital, Slow Ventures, Samsung Next and Andreessen Horowitz. "Our goal at Aleo is to build the foundations for the next generation of decentralized web applications. We want to use technologies, such as zero-knowledge proofs and blockchains, to create an ecosystem for developers that enriches and empowers users’ capabilities on the web," Howard Wu, Aleo CEO and CTO.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.