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Web3 operating system Fountain completes a $3.50 million seed round financing, with participation from Foundation Capital and others.

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TechFlow
386Words
Sep 10, 2024

{"message":"TechFlow announces completion of $3.50 million in seed funding for Fountain, a Web3 operating system targeting enterprises and institutions. This funding round follows Fountain's graduation from the crypto incubator Alliance, with investors including Foundation Capital, Caladan, Primal Capital, Druid Ventures, United Overseas Bank (UOB), NGC Ventures, Marin Ventures, Blockchain Founders Fund, as well as angel investors such as Celo's co-founder and CEO, Rene Reinsberg, and Anchorage Digital's co-founder and CEO, Nathan McCauley.","details":"Fountain addresses these issues by providing a smart contract multi-signature platform and a robust no-code workflow builder, enabling enterprises to seamlessly manage and automate fund management, risk management, and transaction operations."}

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