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AlphaFund raised $3.2 million in seed funding led by Blue Ocean Partners to revolutionize news distribution

Apr 13, 2024•over 1 year ago

Amount Raised

$3.2 Million

Round Type

seed

Lake MaryBlockchainNews

Investors

Blue Ocean Partners

Description

AlphaFund successfully closed its seed funding round, raising $3.2 million led by Blue Ocean Partners. The funding will be used to accelerate the development of its platform aimed at democratizing news distribution and empowering content creators.

Company Information

Company

AlphaFund

Location

Lake Mary, Florida, United States

About

AlphaFund is a pioneering media company aiming to revolutionize news distribution through its decentralized aggregation platform. The company leverages blockchain technology to ensure transparency, integrity, and accessibility in news dissemination, setting a new standard in the media industry.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

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