September 02, 2024
TrendX has successfully closed its Series A funding round, raising $5 million. This round was led by top investment firms, including AHZ, Promontory, Coinstash, Frontier Research, Coresky, Tido Capital, and Bullperks. Combined with the $1 million raised in their seed round earlier this year, TrendX has now secured a total of $6 million.
Project | Latest Raise | Latest Raise Date | Total Raise | Lead Investor | Category |
|---|---|---|---|---|---|
Trendx | $5M | September 2, 2024 | Series A | AHZ, Promontory, Coinstash, Frontier Research, Coresky, Tido Capital, and Bullperks | Investment |
The newly acquired funds will be strategically utilized to advance TrendX’s technology, expand its market presence, and attract top-tier talent. This investment will accelerate their progress in Web3 trend analysis, AI-driven analytics, and cutting-edge innovations in both on-chain and off-chain trend tracking technologies. This accomplishment not only validates TrendX’s current achievements but also positions the company for sustained growth and leadership in the industry.
About TrendX
TrendX is a platform that focuses on Web3 and AI applications. It provides tools and resources for investment, project funding, and education in the blockchain space. TrendX aims to help businesses raise funds and investors discover opportunities through its innovative app.
Website: https://www.trendx.tech/
About Investor
This round was led by top investment firms, including AHZ, Promontory, Coinstash, Frontier Research, Coresky, Tido Capital, and Bullperks.
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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