Sonic, the game-focused Layer2 network of Solana Ecosystem, completed a $12 million Series A round led by Bitkraft Ventures, with participation from Galaxy Interactive, BigBrain Holdings, and others. This round of financing uses an equity structure and comes with token warrants, bringing Sonic's fully diluted valuation to $100 million.
As part of the deal, Bitkraft joined Sonic's board of directors. The Series A round brings Sonic's total funding to $16 million, after the company raised $4 million in a seed round in 2022.
Solana Layer 2 Sonic Completes $12 million Series A Funding, Led by Bitkraft Ventures
2024-06-18 13:05:08
Disclaimer:
1. The information provided does not constitute investment advice. Investors should make independent decisions and bear all risks themselves.
2. The copyright of this content belongs to the original author. The views expressed herein are solely those of the author and do not represent the stance or position of this website.
Previous article：
BTC falls below $65,000Next article：
IOTA基金会公布监事会和董事会成员变更
