August 06, 2024
Elmnts raised $2 million in a Pre-Seed funding round led by B+J Studios, Graph Ventures, Foundation Capital with participation from MonkeVentures, Asymmetric, Anatoly Yakovenko, Outliers Fund, Mert Mumtaz, Geoff Renaud, Austin Federa, Stepan Simkin, Nom, Anna Yuan, Vamient Capital, R89 Capital, Brian Long, ANAGRAM, Hardhat Chad, Beluga Labs, EBlock Capital, Dead King Ventures, Chase Barker, Milst, Autonomy Capital, Raj Gokal, Iil Perp, Austbot.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
Elmnts | $2M | August 06, 2024 | Pre-Seed Funding | B+J Studios, Graph Ventures, Foundation Capital | Tokenization |
Elmnts is a platform on Solana that tokenizes mineral rights, which include the rights to extract resources like oil and natural gas. Reports indicate that 45% of the funds will be allocated to development, while 30% will be directed towards legal and regulatory matters.
About Elmnts
Elmnts is a platform built on Solana that focuses on tokenizing mineral rights, such as those for oil and natural gas extraction. It aims to simplify the process of buying and selling these rights by leveraging blockchain technology. This approach allows investors to hold and trade real-world assets alongside their crypto and NFTs, benefiting from the transparency and efficiency of blockchain. Elmnts is designed to make commodity investing more accessible and modern
Website: https://www.elmnts.io/
About Investor
This round of financing was led by Graph Ventures, Foundation Capital, and B+J Studios.
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