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EthStorage Raises $7M in Seed Funding Round
Layer 2 data storage project EthStorage has raised $7 million in its seed funding led by crypto investment fund dao5. The round saw the participation of Foresight Ventures, Galxe, Gate Ventures, SevenX Ventures, and Sky9 Capital. Avant Blockchain Capital, Cloud Nine Capital, DragonRoark, Future Money Group, GeekCartel, Rebase D. Ventures, Vitalbridge, W3.Hitchhiker. Some other angel investors also made a contribution.
EthStorage has successfully raised $7M in a seed round with a $100M valuation. It was led by @daofive, with participation from prominent investors like @SevenXVentures @ForesightVen @dragonroark @Sky9Capital @avantfund @fmgroupxyz @gate_ventures @Galxe @geek_cartel @HitchhikerW3… pic.twitter.com/jplz6an5iQ
— EthStorage 🔜 EthCC Paris 🇫🇷 (@EthStorage) July 27, 2023
Following the seed funding round, the company is now valued at $100 million. Using the funds, EthStorage plans to expand its team, research
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