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VisitVC Firm Increasing Investment in $TREAT by 2024 End
Cypher Capital • 20%
Polygon Ventures • 20%
Mechanism Capital • 20%
BigBrain VC • 20%
Shima Capital • 20%
Official press releases from VC firms or Shibtoken, financial disclosure documents.
Shibtoken Secures $12M in First Fundraise for FHE Token $TREAT
Apr 23, 2024, 09:11 AM
The Shibtoken ecosystem has successfully completed its first fundraise, securing $12 million from strategic VC partners for its new token, $TREAT. This token incorporates Fully Homomorphic Encryption (FHE) technology to enhance privacy and user experience. The funding round, led by Cypher Capital, included contributions from Polygon Ventures, Mechanism Capital, BigBrain VC, Shima Capital, and Animoca Brands.
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Polygon Ventures • 20%
Animoca Brands • 20%
Mechanism Capital • 20%
Big Brain VC • 20%
Shima Capital • 20%
Andreessen Horowitz • 20%
Sequoia Capital • 20%
Valor Equity Partners • 20%
Tribe Capital • 20%
Saudi Arabian investors • 20%
Polygon Ventures • 20%
Animoca Brands • 20%
Mechanism Capital • 20%
Big Brain VC • 20%
Shima Capital • 20%
BITKRAFT Ventures • 10%
HASHED • 10%
Coinbase Ventures • 10%
Spartan Capital • 10%
Foresight Ventures • 10%
Other • 40%
Voima Ventures • 20%
FoodTech VC • 20%
Taaleri Team • 20%
Valio Ltd • 20%
FinnveraFi • 20%
AI chips and systems • 34%
Memory and storage solutions • 33%
Processor technologies • 33%
Samsung • 25%
TSMC • 25%
AMD • 25%
None • 25%
Natural Language Processing • 25%
Machine Learning Platforms • 25%
AI-optimized Hardware • 25%
Automated Machine Learning • 25%
E-commerce • 25%
Gaming • 25%
Freelance Services • 25%
Digital Goods • 25%
Significantly More Investments • 33%
Moderate Additional Investments • 33%
No Additional Investments • 34%
Cross-chain Compatibility • 25%
Quantum Resistance • 25%
Smart Contract Automation • 25%
Blockchain Scalability • 25%