Glacis Raises $2M in Seed Funding for Cross-Chain Operations and Enhancements

Glacis' Seed Funding for Cross-Chain Operations

Key Highlights:

• Seed Funding: Glacis, a developer of a Firewall and Router Protocol for cross-chain operations, secured $2 million in seed funding.
• Investors: Backed by Arrington Capital and Paper Ventures.
• Enhancing Security and Efficiency: Funds will be used to further enhance the security and efficiency of multi-bridge, chain-agnostic services in the web3 space.

Glacis' Target Market

• Blockchain Developers: Developers working on decentralized applications (dApps) and cross-chain operations.
• Web3 Ecosystem: Companies and organizations operating in the web3 space, focusing on blockchain interoperability and cross-chain messaging.
• Blockchain Networks: Users and developers working across multiple blockchain networks, seeking simplified and secure cross-chain operations.

What Glacis Needs to Buy

• Security and Blockchain Experts: Hiring professionals with expertise in blockchain security and cross-chain operations.
• Technology Infrastructure: Investing in infrastructure to support the development and deployment of the Firewall and Router Protocol.
• Marketing and Business Development: Engaging with marketing agencies and business development experts to promote the benefits of Glacis' cross-chain solutions.

Sorted raises £1.65M in Seed Funding for Recycling Tech

Summary: Sorted, a recycling tech startup based in the UK, recently secured £1.65M in seed funding to revolutionize waste management and recycling. Their AI-powered sorting solutions aim to improve the efficiency of recycling processes and contribute to a more sustainable future.

Funding Amount: £1.65 million

Industry: Software Development

Employee Count: 51-200

CEO: Carmen Carey (CEO Linkedin)

What Sorted needs to buy: Sorted is seeking partnerships with waste management companies, recycling industry leaders, and environmental organizations. Companies specializing in AI technology, sustainability solutions, and waste management systems are ideal partners to support Sorted's expansion plans and drive innovation in the recycling industry.