Announced
Completed
Financials
Sources
Tags
Private
United States
Cross Border
Minority
Acquisition
Venture Capital
Friendly
Private Equity
FinTech
Completed
cryptocurrencies
fintech
Synopsis
Investment managers Tiger Global and FTX Ventures led a $200m Series D funding round in Helium, a crypto startup, with participation from Khosla Ventures, GV, Multicoin Capital, Munich Re Ventures and FirstMark Capital. Helium is a decentralized network of over half a million hotspots that provides bandwidth for, and collects data from, nearby internet-of-things devices. Hotspot owners receive Helium tokens, called HNT, for their efforts. The more a hotspot is used, the more HNT an owner gets.
© COPYRIGHT 2024 MERGERLINKS LIMITED.
ALL RIGHTS RESERVED.
15 BONHILL STREET, LONDON, EC2A 4DN, UNITED KINGDOM.