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Meme Sol Labs, a Solana-based blockchain developer, Secures Series A Funding from EQT Ventures


Solana-based blockchain developer

July 12, 2024


Meme Sol Labs, the creator of N_ Coin, has successfully obtained crucial financing for the project's expansion and evolution in its Series A funding round. EQT Ventures, a firm renowned for its commitment to technological advancement and societal value, saw the promise in N_ Coin and chose to invest.

Project

Latest Raise Date

Stage

Lead Investor

Category

Meme Sol Labs

July 12, 2024

Series A

EQT Ventures

Meme Coin

A representative from Meme Sol Labs expressed their excitement, saying, "With EQT Ventures' backing, we're eager to expedite the growth of N_ Coin and expand our international footprint. This investment will enable us to introduce the advantages of N_ Coin to a broader audience."


About Meme Sol Labs

Meme Sol Labs is a Solana-based blockchain developer. It has collaborated with prominent Black rights organizations to advance its N_ Coin project


 

About Investor

Investor: EQT Ventures

EQT Ventures is a venture capital fund that is committed to supporting early-stage tech startups. It is Europe’s largest venture capital fund and has raised over €2.3 billion in total capital. The fund was launched in May 2016 with commitments totaling €566 million.


The team at EQT Ventures consists of company builders, engineers, designers, talent specialists, data scientists, scaling experts, and even a bot. They are all former founders and operators who understand the challenges of building a global tech company. That’s why they decided to create EQT Ventures, a VC that is accessible, supportive, and fully committed


Location: Stockholm




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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