Total amount raised
$22 Million
Latest funding date
2021-12-04
Location
SEDA has successfully raised over $22 million in funding, backed by leading venture capital firms and innovative founders globally. The platform enables the deployment of application-specific oracle programs quickly, offering solutions like SEDA Fast and SEDA Core.
Keep reading to explore the intricacies of SEDA's fundraising journey and the investors backing this innovative platform.
What Is SEDA?
SEDA operates within the blockchain and oracle infrastructure industry, providing a platform for deploying application-specific oracle programs. The company focuses on making data integration permissionless, programmable, and accessible, allowing developers to access both public and private data seamlessly.
SEDA supports a wide range of symbols and tokens, offering near real-time latency for data feeds. The company is backed by significant venture capital funding and promotes community engagement through platforms like Discord.
How Much Funding Has SEDA Raised?
- Pre-Seed Round
- Date: May 2020
- Lead Investors: Not specified
- Seed Round
- Amount Raised: USD 10,300,000
- Date: May 2021
- Lead Investors: Distributed Global
- Initial Coin Offering
- Amount Raised: USD 11,720,000
- Date: December 2021
- Lead Investors: Not specified
In total, SEDA has raised USD 22,020,000 across all funding rounds.
Key Investors
- Distributed Global
- Details: Distributed Global is a venture capital firm that invests in blockchain and cryptocurrency projects. They are known for their strategic investments in early-stage companies.
- Investment Focus Areas: Blockchain, Cryptocurrency, Decentralized Finance (DeFi)
- Notable Investments: Not publicly disclosed
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