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Transaction

Funga - Seed (Feb 2023)

Terms

Announced
15 Feb 2023
Instrument
Equity
Amount
US$4.00mReported as $4M USD

Parties

Project developer
Funga
Country
United States
Capital providers
Capital providers and the amount counted for each
PartyRoleAmountBasis
Azolla VenturesLead investorUS$1.00mEstimated: an even share, 1 of 4
better venturesInvestorUS$1.00mEstimated: an even share, 1 of 4
Trailhead CapitalInvestorUS$1.00mEstimated: an even share, 1 of 4
Shared Future FundInvestorUS$1.00mEstimated: an even share, 1 of 4

Carbon

Pathway
Other

What happened

Funga closed a $4 million financing round led by Azolla Ventures with participation from Better Ventures, Trailhead Capital and Shared Future Fund.

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