Tangem Successfully Closes Investment Round, Fueled By Shima Capital

May 02, 2023•over 2 years ago

ZugSecurityInformation Technology

Investors

Shima CapitalTangem Ag

Description

Zug, Tangem AG, a leading provider of secure hardware wallet solutions, has announced the successful outcome of its latest investment round. The round came in at $8 million and was led by Web3 venture capital firm Shima Capital, with contributions from additional investors. It comes at a time of continued growth for the hardware developer and will help to propel Tangem to the next level.

Company Information

Company

Tangem

Location

Zug, Zug, Switzerland

About

Developing secure semiconductor solutions for mass-market and enterprise applications of blockchain and digital asset technologies. The first and only hardware wallet with 100% EAL6+ assured silicon and attestated private keys. Manufacturing smart banknotes for wide adoption since 2017. Working with Samsung Electronics, NXP, Visa, United Microelectronics, Kudelski Security, Applus+, and many other industry leaders to advance the field of secure decentralized solutions together.

Related People

Funding Insights

Based on industry data

VC-backed spending patterns