Tuesday, November 19, 2024
HomeFunding Cambridge-based Formless Secures $2.2M in Pre-Seed Funding

[Funding alert] Cambridge-based Formless Secures $2.2M in Pre-Seed Funding

Cambridge-bassed Formless Secures $2.2M in Pre-Seed Funding. A16z Crypto CSS, Beacon web3 accelerator, and angel investors, including Ryan Fang (co-founder and COO of Ankr), Dharmesh Shah (founder and CTO of HubSpot), and Dallas Austin (CEO of Dallas Austin Distribution and Grammy-winning producer), participated in the round.

Cambridge-bassed Formless Secures $2.2M in Pre-Seed Funding. A16z Crypto CSS, Beacon web3 accelerator, and angel investors, including Ryan Fang (co-founder and COO of Ankr), Dharmesh Shah (founder and CTO of HubSpot), and Dallas Austin (CEO of Dallas Austin Distribution and Grammy-winning producer), participated in the round.

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The funds will be utilised by the company to grow its development team, improve its technological infrastructure, guarantee that customers are served consistently throughout the network, and further the SHARE Protocol.

Formless is a firm with a mission of offering virtual and physical experiences that help people live more fulfilled lives. The company is led by its founder and CEO, Brandon Thorpe.

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In a multiplayer digital economy, the SHARE Protocol allows developers, producers, and organisations to take use of the innovation of decentralised digital rights management, as well as rewards and network effects related to earnings sharing.

About Formless

Anyone can go to FORMLESS, a community of like-minded people, to be themselves and participate in the internet’s future. Find out more about the FORMLESS team’s mission and identity.

Read also – MA-based Lyndra Therapeutics Secures $101M in Series E Round Funding

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