October 10, 2024
PinGo Lab, a rising star in decentralized infrastructure, has successfully closed its initial seed funding round. This round saw significant investments from notable venture capital firms such as CGV FOF, K24 Fund, Catcher VC, and Landscape Capital. This robust financial support underscores the venture community’s trust in PinGo’s innovative vision and its potential to transform the TON ecosystem.
Project | Latest Raise | Latest Raise Date | Stage | Lead Investor | Category |
|---|---|---|---|---|---|
PinGo |
| October 10, 2024 | Seed Round | K24 Ventures, GCV, Catcher VC, LandScape Capital | AI, DePin |
The completion of this seed round, supported by five venture capital firms, marks the beginning of PinGo’s growth strategy. The funds will be used to further develop the PinGo ecosystem, including the launch of its unique DePin network. PinGo is dedicated to leading the next wave of decentralized innovation by merging advanced technology with practical applications.
About PinGo
PinGo is a platform designed to help parents keep track of their children’s whereabouts. By using the PinGo app, parents can monitor their child’s location in real-time, receive notifications if the child leaves a designated area, and even listen to the surroundings of the child’s device if needed. The app is easy to use and provides peace of mind by ensuring that parents are always aware of their child’s safety.
Website: https://pingo.work/
About Investor
This round saw significant investments from notable venture capital firms such as CGV FOF, K24 Fund, Catcher VC, and Landscape Capital.
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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