In an Oct. 3 pr release, Boston-based provider of amximum performance blockchain solutions Oneiro announced that it had secured the perfect $5 million investment against Cosimo Ventures in a Set A funding round.
Oneiro, any kind of a blockchain solution company, acquired a $5 million investment decision from Cosimo Ventures.
Cosimo Ventures is certainly an investment firm involved in professions including blockchain, cryptocurrencies pests Internet of Things.
Total investment and are generally $8 million
Oneiro’s latest finances round brings the company’s total venture capital investment on the way to $8 million. The company gave them that it plans to use most people funds to provide additional apps to clients, such as the Rule Foundation, more efficiently.
Cosimo Ventures and moreover Oneiro previously joined emportement to launch the unpegged digital currency, ndau, that the press release claims addresses absolutely sure pain points associated with numerous stablecoins. Cosimo Ventures supervising partner Ciarán Hynes rumoured:
“The Oneiro team has made substantive progress this year, and these unique funds will allow the team to help develop multiple blockchain web sites, extend into the crypto eco-system, and accelerate the redeemedness and use of various blockchain applications, including digital personal currencies such as ndau. ”
Crypto hedge fund leads $5 million seed round
Cointelegraph recently reported that Pantera Capital led a $5 million strategic seed round of decentralized derivatives protocol Vega. The funding round included participants such as Ripple’s investment arm Xpring, Hashed, NGC Ventures, gumi Cryptos Capital, Rockaway Blockchain, KR1, Eden Block, Focus Labs and Greenfield One.