Alta Raises $80 Million Series A including Seed Funding to Build Blockchain Infrastructure for Global Finance
Alta has raised a $47.5 million Series A led by Index Ventures, with participation from GV (Google Ventures), Blackbird Ventures, Square Peg, and Capital 49. The round brings its total funding to $80 million, including $32.5 million in previous seed financing.
- Raised
- $80 million
- Round
- Series A + Seed
- Investors
- 5
- Investors
- Index VenturesGV (Google Ventures)Blackbird VenturesSquare PegCapital 49
- Target market
- Banks, payment providers, and other financial institutions
- Use of funds
- Supporting continued development of blockchain infrastructure, expansion of institutional partnerships and global financial connectivity, and growth of engineering and compliance teams
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Quick Answers
What is the latest news about Alta?
Alta has raised a $47.5 million Series A led by Index Ventures, with participation from GV (Google Ventures), Blackbird Ventures, Square Peg, and Capital 49. The round brings its total funding to $80 million, including $32.5 million in previous seed financing.
What does Alta do?
Alta is building global financial infrastructure for tokenized finance, combining an institutional-grade blockchain with global payments connectivity, foreign exchange, and treasury capabilities. Its infrastructure is designed for banks, payment providers, and other financial institutions.
How much did Alta raise?
Alta raised $80 million in its Series A + Seed.
Who invested in Alta?
Investors named in this Series A + Seed include Index Ventures, GV (Google Ventures), Blackbird Ventures, Square Peg and Capital 49.
How will Alta use the funding?
Alta plans to use the money for supporting continued development of blockchain infrastructure, expansion of institutional partnerships and global financial connectivity, and growth of engineering and compliance teams.
Who are the key people at Alta?
Key people named in this report: Loong Wang (Co-Founder and CEO) and Catherine Porter (Co-Founder and President).