August 15, 2024
Mesh, a modern connectivity layer for crypto, has announced a new investment from QuantumLight, a venture capital firm founded by Nik Storonsky, CEO of Revolut. This investment values Mesh at three times its pre-money valuation from its Series A, reflecting its rapid growth since early 2024.
Project | Latest Raise | Stage | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|
Mesh | August 15, 2024 | Series A | $45M | QuantumLight | Payments |
Founded in 2020 by cybersecurity and crypto experts, Mesh addresses the fragmentation in the crypto market by providing a seamless, integrated experience for exchanges, wallets, and payment providers. Its product, already used by MetaMask, MoonPay, and Fireblocks, allows users to connect, deposit, and pay with crypto across hundreds of platforms. Mesh now supports over 300 platforms and more than 40 tokens, reaching millions of users globally.
QuantumLight, known for its systematic approach using AI for investment decisions, sees Mesh’s potential to solve key issues in the crypto industry. The investment, along with previous funding from PayPal Ventures, Money Forward, Galaxy, Samsung Next, and others, underscores investor confidence in Mesh’s vision and technology.
About Mesh
MeshConnect is a cutting-edge financial technology platform that simplifies and secures crypto transactions. It enables seamless deposits, payments, and on-ramping from over 300 leading exchanges and wallets, all without requiring users to leave their current platform. By integrating a powerful API, MeshConnect offers a unified, user-friendly experience that eliminates the need for API keys and manual address entries. The platform supports over 40 tokens across multiple networks and is designed to enhance the efficiency and security of crypto transfers. With its SOC II compliance and zero-trust architecture, MeshConnect ensures that no personal identifiable information (PII) or user credentials are stored at rest, providing a robust solution for businesses and users alike.
Website: https://www.meshconnect.com/
About Investor
Investor: QuantumLight
QuantumLight Capital is a venture capital firm that leverages advanced technology and data-driven insights to make informed investment decisions. Founded by tech unicorn founders, quant traders, and AI scientists, the firm uses its proprietary AI system, Aleph, to identify high-potential companies. Aleph analyzes billions of data points and tracks hundreds of thousands of venture-backed companies to pinpoint robust success patterns. QuantumLight focuses on later growth stages, aiming to modernize venture and growth equity investing. The firm provides strategic support and resources to help tech startups scale and succeed in the global market.
Location: London, United Kingdom
Website: https://quantumlightcapital.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.
コメント