Aura Network efficiently raised $4m in pre-Series A round

Aura Network kicked off 2023 with a $four million funding round led by the Hashed fund and Coin98. This is strong momentum for the venture to build quickly with ambitions in the coming yr.

Aura Network efficiently raised $4m in pre-Series A round

Aura Network has just efficiently raised $four million by a pre-Series A funding round led by two investment money Hash AND Coin98 Enterprises. This is 1 of Aura Network’s vital milestones in the direction of the official mainnet launch occasion at the finish of Q1 2023.

Up to this level, this is 1 of the biggest funding rounds of Aura Network with the participation of Hashed, 1 of the strongest investment money in Korea. Over the previous five many years, Hashed’s portfolio has expanded to far more than 80 tasks in a wide variety of fields, which include NFT tasks this kind of as Axie Infinity and The Sandbox, blockchain networks this kind of as Cosmos and Klaytn or other tasks. .

Joseph Young, Hashed Senior Representative, shared:

“Hashed is delighted to support Aura Network ahead of the mainnet launch. We are impressed with the technical achievements that Aura Network has developed to date, which promises to become one of the strongest open source vendors in the Cosmos system. We look forward to the future of Cosmos and trust Aura Network’s vision in its journey towards building a comprehensive platform supporting NFT, Gaming and DeFi.”

In this funding round, Aura Network has also linked up with top Blockchain tasks this kind of as GuildFi, Istari Ventures, Republic Crypto and some angel traders. Strong relationships with traders and strategic partners will drive the venture in terms of operations, item advancement and promoting.

Mr. Thanh Le, founder of Coin98, stated:

“Last yr was an unforgettable journey as we supported Mr. Giang (Giang Tran, CEO of Aura Network – PV) and the Aura workforce from the incredibly 1st days and witnessed the venture advancement phase by phase. By creating a safe, large efficiency and really scalable engineering platform, Aura Network will be the best stepping stone for NFT to be broadly utilized in true daily life in lots of facets. We are pleased to assistance a workforce with large efficiency, deep technical information, sturdy connection with end users and developers and as committed to item good quality as the workforce. Aura.”

Giang Tran, founder and CEO of Aura Network shared:

“Web3 and NFT will survive and thrive. With the trust and company of well-known industry partners, Aura will continue the next project development cycle with determination to achieve the set goals, with positive expectations on next year’s market situation”.

This funding round will support Aura Network accelerate advancement and broaden the ecosystem by attracting far more Web3 tasks and goods developed on Aura’s engineering platform. Ahead of the approaching mainnet launch occasion, the Aura advancement workforce is also focusing on finishing and launching new goods, which are regarded to be vital pieces of the ecosystem. The item launch strategy will also be announced quickly in the 2023 Roadmap of the venture.

With the assistance of traders and partners, Aura Network is progressively realizing its vision of the Internet of NFTs and getting 1 of the top tasks in the trend of Web3 engineering.

Speaking of hashes

Website | Chirping | Blogs | LinkedIn

Founded by a workforce of talented entrepreneurs and engineers considering the fact that 2017, Hashed is a top blockchain corporation in Asia with a worldwide portfolio.

About Coin98 Ventures

Website | Chirping

Coin98 Ventures is an investment unit of Coin98 Finance, a Vietnam-based mostly Web3 advancement hub. The company seeks and invests in founder-led tasks with impressive visions and approaches in the Web3 area.

About Aura Network

Website | Chirping | Discord | Telegram | Blogs

Aura Network is an ecosystem designed to market the application of NFT globally. Aura Network’s vision is to construct the Internet of NFT, offering birth to Web3 and NFT technologies.

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