Turnkey Raises $15 Million in Series A Funding for Wallet Infrastructure Expansion and Development
Turnkey Raises $15M in Series A Funding
Turnkey's Series A Funding
Key Highlights:
- Series A Funding: Raised $15 million in Series A funding.
- Investors: Led by Lightspeed Faction and Galaxy Ventures, with participation from Sequoia, Coinbase Ventures, Alchemy, Figment Capital, and Mirana Ventures.
- Expansion and Development: Funds will be used to expand operations and further develop Turnkey's wallet infrastructure.
Turnkey's Target Market
- Crypto Developers: Turnkey provides wallet infrastructure for developers working with cryptocurrencies.
- Blockchain Application Developers: Developers building on-chain experiences and applications that involve wallets and cryptographic transactions.
- Companies Needing Wallet Services: Businesses and organizations looking for wallet-as-a-service solutions and programmatic backend crypto automation.
What Turnkey Needs to Buy
- Technology and Infrastructure: Investments in technology and infrastructure to enhance and scale their wallet infrastructure.
- Partnerships and Collaborations: Collaborations with other companies and developers to integrate Turnkey's wallet infrastructure into their applications and services.
- Marketing and Sales Support: Resources to support marketing and sales efforts to reach and acquire new customers in the crypto development space.
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.