Friday
March 31
2023

Web3 Protocol Polytrade Raises $3.8 Million to Improve Global Trade

By Jacquelyn Melinek

Polytrade, a web3 protocol focused on global trade, has raised $3.8 million in a seed round led by Alpha Wave, Matrix Partners, Polygon Ventures and CoinSwitch Ventures, the startup exclusively told TechCrunch.

Other investors include Singularity Ventures and GTM Ventures. The firm has previously been backed by Polygon co-founder Sandeep Nailwal and QuickSwap co-founder Sameep Singhania, among others.

Photo courtesy of sumanley.

Source: Tech Crunch (link opens in a new window)

Categories
Technology
Tags
international trade, startups, supply chains