Total amount raised
$30 Million
Latest funding date
2/1/2025
Location
Plume Network has successfully raised significant funding through six rounds, with recent investments from Hyperithm and Apollo. The platform is dedicated to scaling Real-World Assets (RWAs) using blockchain technology, aiming to transform these assets into globally accessible financial tools.
Keep reading to explore the intricacies of Plume Network's fundraising journey and the investors backing this innovative platform.
What Is Plume Network?
Plume Network is a private company based in San Francisco, California, specializing in blockchain technology and Real-World Assets (RWA) finance. The company operates within the blockchain, cryptocurrency, information technology, and IT infrastructure industries.
With an employee count ranging from 11 to 50, Plume Network has built a robust ecosystem featuring over 200 partners and a community of more than 3 million native crypto users. The platform aims to transform assets into globally accessible financial tools, leveraging cutting-edge infrastructure and developer tools.
How Much Funding Has Plume Network Raised?
- Seed Round
- Amount Raised: USD 10,000,000
- Date: May 2024
- Lead Investors: Haun Ventures
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Establish foundational technology and infrastructure for Plume's blockchain network focused on real-world assets.
- Series A Round
- Amount Raised: USD 20,000,000
- Date: December 2024
- Lead Investors: Brevan Howard Digital, Haun Ventures, Galaxy Ventures, Lightspeed Faction
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Accelerate the development of Plume's Layer-1 blockchain and support new applications and products in emerging markets.
- Series A Round
- Amount Raised: Not publicly disclosed
- Date: February 2025
- Lead Investors: Animoca Ventures, LayerZero Labs
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Further expand Plume's ecosystem and enhance its blockchain infrastructure.
- Series Unknown
- Amount Raised: Not publicly disclosed
- Date: March 2025
- Lead Investors: YZi Labs
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Support ongoing development and scaling of Plume's blockchain platform.
- Series Unknown
- Amount Raised: Not publicly disclosed
- Date: April 2025
- Lead Investors: Apollo
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Enhance Plume's capabilities in managing real-world assets on-chain.
- Series Unknown
- Amount Raised: Not publicly disclosed
- Date: August 2025
- Lead Investors: Hyperithm
- Valuation at Round: Not publicly disclosed
- Motivation Behind the Round: Continue scaling and integrating real-world assets into Plume's blockchain ecosystem.
Total Amount Raised: USD 30,000,000
Current Valuation: Not publicly disclosed
Key Investors
- Haun Ventures
- Details: Haun Ventures is a venture capital firm focused on investing in Web3 and blockchain technologies. They led Plume Network's $10 million seed round in May 2024.
- Investment Focus Areas: Blockchain, cryptocurrency, Web3.
- Notable Investments: Not publicly disclosed.
- Brevan Howard Digital
- Details: Brevan Howard Digital is the digital asset-focused arm of Brevan Howard, a global alternative investment management firm. They led Plume Network's $20 million Series A round.
- Investment Focus Areas: Digital assets, blockchain technology.
- Notable Investments: Not publicly disclosed.
- Galaxy Ventures
- Details: Galaxy Ventures is the venture capital arm of Galaxy Digital, a diversified financial services firm dedicated to the digital asset and blockchain technology sector. They participated in Plume Network's Series A round.
- Investment Focus Areas: Digital assets, blockchain technology, decentralized finance (DeFi).
- Notable Investments: BlockFi, BitGo, Bakkt.
- Lightspeed Faction
- Details: Lightspeed Faction is a venture capital firm that invests in early-stage technology companies. They were part of Plume Network's Series A funding round.
- Investment Focus Areas: Early-stage technology companies, blockchain, innovation.
- Notable Investments: Snap, Affirm, GrubHub.
- Hyperithm
- Details: Hyperithm is a lead investor in multiple funding rounds for Plume Network. They focus on blockchain and cryptocurrency investments.
- Investment Focus Areas: Blockchain, cryptocurrency.
- Notable Investments: Not publicly disclosed.
What's Next for Plume Network?
Plume Network stands at the cusp of significant opportunities, driven by its mission to bring real-world assets on-chain. With products like Plume Arc and Plume Nexus, the company aims to tokenize traditional financial instruments and niche assets such as GPUs and carbon credits. The potential is vast, with the RWA market forecasted to grow into several trillions of dollars over the next decade. Plume's ecosystem already represents over $4 billion in assets, and its testnet has shown impressive engagement with millions of active users and transactions.
Future fundraising opportunities appear promising, especially given the strong investor interest demonstrated in the oversubscribed pre-deposit campaign and successful Series A round. As Plume prepares for its mainnet launch, additional funding rounds could help scale its operations and expand its ecosystem. The growing demand for tokenized assets and the integration of DeFi solutions will likely attract further investment from both crypto-native and traditional finance sectors.
However, Plume Network may face challenges such as navigating regulatory landscapes, ensuring the security and scalability of its blockchain infrastructure, and competing with other platforms in the RWA space. Maintaining a seamless user experience for both crypto-native and traditional finance users will be crucial. Despite these hurdles, Plume's strategic partnerships and innovative approach position it well for future growth and success in the evolving blockchain industry.
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