Cartesi Secures Funding on April 30, 2019

CTSI
CTSI
0.51%
According to media reports, Cartesi completed a new round of financing on April 30, 2019. Investors in this round included FBG Capital, SOSV, Artesian, Wings, and the Enterprise Ethereum Alliance, among other institutions. Following this funding, Cartesi's total capital raised reached USD 1.5 million.Cartesi is a blockchain operating system that enables developers to build decentralized applications using Linux and standard programming environments, while maintaining blockchain decentralization and security. The project aims to lower the barriers to blockchain development, making it easier for traditional developers to enter the blockchain sector.Notably, according to the project roadmap, after completing another round of financing in March 2020, Cartesi's token CTSI was officially listed on major exchanges in April 2020, marking a new stage in the project's development. This highlights continued institutional interest in blockchain infrastructure projects and the growing market demand for developer-friendly blockchain solutions. As blockchain technology continues to evolve, projects like Cartesi, which focus on improving the developer experience, are expected to play a significant role in driving large-scale adoption of blockchain technology.

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CTSI fundraising-history
fundraising-Roundfundraising-amountfundraising-valuationfundraising-timefundraising-investor
------2019-04-29FBG Capital,SOSV,Artesian,WIngs,Enterprise Ethereum Alliance
fundraising-key-milestones
  • 2020-04
    CTSI is live for trading
  • 2020-03-27
    Cartesi completed a new funding round
  • 2019-04-30
    Cartesi completed a new funding round
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