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Solana December 2024 Private Equity Funding Round

Solana raised a Private equity for 1,500,000 USD in December, 2024.

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Is a
Funding round
Funding round

Funding Round attributes

Funding Type
Private equity
Private equity
Funded Company
Solana
Solana
Funding Round Amount (USD)
1,500,000
Investment
‌
JellyC
The Spartan Group
The Spartan Group
AngelDAO
AngelDAO
‌
Cynegetic Investment Management
‌
Sol Global investments
‌
Grand 365 Capital
Announcement URL
seekingalpha.com/news/4...-tokens
Funding Round Date
December 5, 2024

SolRazr, a platform designed to cater to developers and enthusiasts within the Solana ecosystem, has successfully raised $1.5 million in a strategic funding round. The round saw the participation of several prominent venture capital firms, including Moonrock Capital, Ascensive Assets, Morningstar Ventures, Genesis Block Ventures, Divergence, Genblock Capital, CMS Holdings, PANONY, and Skynet Trading. Additionally, notable angel investors such as Sam Kazemian from Frax Finance, Leo Cheng from CREAM, and Santiago R. Santos and Chris McCann also contributed to the round​.

The funds raised will enable SolRazr to further develop its ecosystem, which is built to address critical needs in the Solana blockchain community. The platform’s features aim to improve fundraising efficiency and offer developer tools that simplify the process of building on Solana. With a focus on speed, low transaction costs, and security, SolRazr aims to provide a decentralized, bot-proof environment for Solana-based projects. This aligns with the platform's broader vision of becoming a one-stop solution for Solana developers, facilitating everything from capital raising to community building​.

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