Fundraising Fox

Mycel

4 known investors

mycel.land β†—

Mycel is a blockchain infrastructure for cross-chain asset exchange, using an Ownership Transfer Protocol (OTP) and a CometBFT-based consensus layer (HyphaBFT) to swap native tokens across isolated blockchain ecosystems. It offers orderbook-based matchmaking and threshold signature security aimed at unifying fragmented liquidity across chains.

Crypto & Web3Data & InfrastructureDeep Tech

Investors Β· 4

CV VCZug Β· $1 – $500K
Notch VenturesSan Francisco
Industrial Bank of KoreareportedSeoul Β· $149K – $29M
Korea Development BankreportedSeoul Β· $1.9M – $45M

In the news

Mycel Raises $10M in Funding - World Bio Market Insightsworldbiomarketinsights.com Β· Sep 2022Former Hyundai Motor Group Startup Raises $10 millionvegconomist.com Β· Aug 2022Mycel's mushroom meat and biomaterials sprout $10M in fundingtechcrunch.com Β· Aug 2022

Frequently asked questions

What does Mycel do?
Mycel is a blockchain infrastructure for cross-chain asset exchange, using an Ownership Transfer Protocol (OTP) and a CometBFT-based consensus layer (HyphaBFT) to swap native tokens across isolated blockchain ecosystems. It offers orderbook-based matchmaking and threshold signature security aimed at unifying fragmented liquidity across chains.
Who are Mycel's investors?
Mycel's investors include CV VC, Notch Ventures, Industrial Bank of Korea, Korea Development Bank.