Functionland inc., a Toronto, Ontario-based builder of blockchain-attached storage and the Borg Protocol, raised an additional USD 1.1M in seed funding.
Backers included current investor Outlier Ventures, as well as Protocol Labs, Master Ventures, Delta Blockchain Fund and other key investors. Other investors include Tenzor Capital (Russia); Pinnacle Venture (India); Contango Digital Assets (Canada); Meta One Capital (Canada); Delta Blockchain Fund (USA); Master Ventures (Hong-Kong); DoraHacks (China); MaxStealth (Australia); MKD Capital; NxGen xyz; Oddgems.
This funding will help the company move into the next phases of Borg Network development and its crowdfunding campaign for Box Hardware.
Led by Keyvan Sadeghi, CEO, Functionland is the builder of blockchain-attached storage and the Borg Protocol. The company already has a working relationship with Protocol Labs that benefits its Borg Protocol, which uses IPFS and Libp2p technologies to facilitate p2p network transactions. In addition, Functionland has also established partnerships with leading Web 3.0 companies including Dfinity, Crust Network, Filecoin and Cudos Network.
Functionland’s Box will be launching soon on Kickstarter.
FinSMEs
25/01/2022