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BAXUS raised $5M in a seed round led by Multicoin Capital to scale sensor and vaulting technologies for the global expansion of the spirits marketplace.

May 01, 2024about 1 year ago

Amount Raised

$5 Million

Round Type

seed

New YorkB2bMarketplaceE Commerce

Investors

Fj LabsNarwhal VenturesSolana VenturesMulticoin Capital

Description

BAXUS, a global marketplace for collectible spirits, has successfully raised a $5M seed round led by Multicoin Capital, with significant contribution from Solana Ventures, Narwhal Ventures, FJ Labs, and several high profile angel investors. The company will use the capital to scale their sensor and vaulting technologies and serve the growing retail and institutional interest in the collectible spirits market.

Company Information

Company

BAXUS

Location

New York, New York, United States

About

BAXUS provides custodial & tokenization infrastructure for wine & spirits to unlock liquidity in the world’s fastest growing alternative asset class.

FundzWatch™ Score

61
Medium Activity

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Funding Insights

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VC-backed spending patterns
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