2021-03-12 01:34:32
SENT has raised a funding round of $3.5M led by forward-thinking institutions and accomplished industry veterans.
This raise has a significant impact on the growth and the momentum of the Sentinel ecosystem going forward, allowing for:
1) The increase in development resources dedicated towards the Sentinel Cosmos based 'Hub' and the Sentinel dVPN network
2) Community expansion and increased user adoption through PR/Marketing efforts as well as demographic-specific marketing efforts
3) Onboarding onto reputable centralized exchanges which allow for Sentinel's native token to be accessible to a larger audience
Mainnet launch on 27th March.
We are very humbled by the amount of interest and support we got in this round from a diverse set of supporters of Sentinel. The protocol investment focused institutions which have participated in the Sentinel capital raise include:
Woodstock Fund, AGE Fund, Atka Capital, Pangea Blockchain, Exnetwork Capital, Zokyo Ventures, 01 Capital, Genblock Capital, Digital Strategies, Advanced Blockchain AG, Mempol Ventures
We also have prominent heads of Wachsman, AU21 Capital, Alphablock Investments, D1 Ventures, builders of Tendermint, leaders of Persistence, Akash Network, Secret Network, StakeWithUs, stakefish, SG-1, Bridge Mutual, SALT Lending, Tavis Digital, Biconomy, Giant Leaf Capital, XMonetae Capital, Infinite Lux, Crypto Guerillas, Ravindra Kumar of Frontier as well as other individual investors.
https://medium.com/sentinel/sentinels-next-chapter-the-path-to-dvpn-mass-adoption-5d8a0b2afaba
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