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Squads raises $10 million in Series A funding, launches retail wallet app Fuse

Jun 10, 2024•about 1 year ago

Amount Raised

$10 Million

Round Type

series a

HamburgFinancial Services

Investors

Mert MumtazL1 DigitalRockaway XPlaceholder VcCoinbase VenturesElectric Capital

Description

Squads Labs, the main developer of Solana-based multisig protocol Squads, has closed a Series A funding round of $10 million led by Electric Capital. The company also launched its retail-focused iOS wallet app called Fuse on public TestFlight.

Company Information

Company

Squads

Location

Hamburg, Hamburg, Germany

About

Squads simplifies management of developer and treasury assets for teams building on Solana and SVM.

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