Algorand raised $62 M in a new round of funding on 2018-10-23.
ALGO
ALGO
-3%
According to media reports, Algorand raised $62 M in a new round of funding on 2018-10-23. the investors in this funding round include Multicoin Capital,Bixin Ventures,Lemniscap,NGC Ventures,Youbi Capital,Foundation Capital,P2P Capital,QCP Capital,Kosmos Ventures,Continue Capital and others. Following this round, Algorand's total funding reached $132 M.
Algorand is a decentralized, scalable, and secure blockchain infrastructure. It offers transaction throughputs at the speed of traditional finance, with immediate finality, near zero transaction costs, and 24/7 availability. From decentralized finance to generative NFT art, Algorand is powering the economic models of the future. Algorand was designed by MIT professor and Turing Award-winning cryptographer Silvio Micali.
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ALGO Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|
Key Milestones
- 2021-09The Algorand Foundation has launched a $300 million fund.
- 2019-06-19Algorand raised $ 66 M in Public Sale round
- 2019-06ALGO is live for trading
- 2018-10-24Algorand raised $ 62 M in funding round
- 2018-02-15Algorand raised $ 4 M in Seed round
24-Hour High
$0.1365
24-Hour Volume
$921.09K
All-Time High
$3.56
All-Time Low
$0.08751
Market Cap / FDV
88.16%
FDV
$1.19B
24-Hour Low
$0.1301
Market Cap
$1.19B
Circulating Supply
8.81B ALGO
Total Supply
8.82B ALGO
Max Supply
10.00B ALGO
Market Sentiment
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| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.069% | 3.55% | 3.5% | 23.33% | 73.47% |
