January 9, 2025
Sundial, an identity protocol centered on privacy, has announced the completion of its pre-seed funding round. Figment Capital led the round, with additional contributions from Coinbase Ventures, Avalanche, and other partners. The funding will enable Sundial to advance its protocol on the Flow blockchain, focusing on privacy-preserving identity management.
The raised capital will support Sundial's development and integration within the Flow ecosystem. The protocol is designed to manage digital identities while maintaining compliance with privacy requirements. This round marks an important step in establishing Flow as a network for privacy-conscious identity solutions.
About Sundial
Sundial is an identity protocol built on the Flow blockchain, emphasizing privacy and decentralized identity management. The platform is designed to provide tools for managing digital identities while enabling data protection and regulatory compliance.
Website: https://sundial.sh/
About Investor
Figment Capital
Figment Capital focuses on investments in blockchain and Web3 projects. The firm provides funding and strategic support to companies building decentralized networks and protocols.
Location: New York
Website: https://www.figmentcapital.io/
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