October 09, 2024
Delta, a new interconnected network system, has secured $11 million in funding to advance its goal of eliminating the trade-off between sovereignty and interoperability for developers. Maven11 Capital led the funding round, with contributions from investors like Viktor Bunin, Mike Ippolito, and Ria Bhutoria. Delta’s mission is to provide an exceptional experience in a multichain environment, redefining how shared state and interoperability are achieved.
Project | Latest Raise | Latest Raise Date | Lead Investor | Category |
|---|---|---|---|---|
delta | $11M | October 09, 2024 | Maven11 Capital | Layer1 |
About delta
Delta is focused on creating a network of interconnected systems that work together seamlessly. Their goal is to balance sovereignty and interoperability for developers, providing a top-notch experience in a multichain environment. Delta aims to make it easier for different blockchain networks to communicate and share data effectively. With support from major investors, Delta is set to redefine how shared state and interoperability are achieved in the blockchain space.
Website: https://www.delta.network/
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About Investor
Investor: Maven11 Capital
Maven11 is a crypto-native investment fund that partners with innovative founders to challenge the status quo by redefining ownership through open, inclusive, and permissionless crypto networks1. The firm actively supports its portfolio companies with hands-on guidance and technical expertise, emphasizing long-term relationships and active participation1. Maven 11 focuses on early-stage investments in blockchain and distributed ledger technology, aiming to foster innovation and growth in the crypto space.
Location: Amsterdam, North Holland
Website: https://www.maven11.com/
A central focus of investor activity in the cryptocurrency space is the evaluation of new crypto projects to invest in, particularly those with huge potential. This blog provides insight into what new ventures are benefiting from venture capital support (VC funding in crypto). These new crypto projects, funded by professional investors, can dictate the next narrative in crypto and the next big crypto movers.
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