Seed Round - Obscuro Labs
Investment Firm
Overview
Obscuro Labs develops the open-source platform, TEN. TEN is a Layer 2 rollup that hyper-scales and encrypts Ethereum.
Announced Date
Mar 15, 2024
Funding Type
Seed
Highlights
Location
Europe
Social
Investor Lead
Participant Investors
5
Round Details and Background
Obscuro Labs raised $9000000 on 2024-03-15 in Seed Round
Obscuro Labs develops the open-source platform, TEN. TEN is a Layer 2 rollup that hyper-scales and encrypts Ethereum.
Company Funding History
4
| Announcment Date | Transaction Name | Number Of Investors | Lead Investor | Money Raised |
|---|---|---|---|---|
| May 01, 2022 |  Pre Seed Round - Obscuro Labs | 1 | - | 2.5M |
| Nov 01, 2022 | Seed Round - Obscuro Labs | 11 | - | 3.5M |
| Sep 01, 2023 | Funding Round - Obscuro Labs | - | 3.0M | |
| Mar 15, 2024 | Seed Round - Obscuro Labs | 7 | - | 9.0M |
Recent Activity
News
Mar 18, 2024
Foresight News - Ethereum L2 network TEN developer Obscuro Labs completed US$9 million in financing, led by R3.
News
Mar 18, 2024
hackernoon.com - TEN Raises $9 Million From R3 and Others to Pioneer the Next-Gen Encrypted Ethereum Network
News
Mar 18, 2024
Obscuro获得900万美元战略投资
News
Mar 18, 2024
The Crypto Times - Encryption-Focused Ethereum Layer 2 TEN Raises $30 Million
News
Mar 16, 2024
Benzinga - Ethereum Layer 2 TEN, Focused on Encryption, Reaches $30 Million Token Valuation with Latest Funding Tranche
News
Mar 15, 2024
Coincu - Ethereum Layer 2 TEN Surges to $30M Valuation in Latest Funding!