Igloo, Inc., a Miami, FL-based assortment of firms and Pudgy Penguins’ father or mother firm, raised $11M+ funding.
The spherical was led by Founders Fund with participation from Fenbushi Capital, 1kx, Everest Ventures Group, and Selini Capital.
The corporate intends to make use of the funds to determine Dice Labs, a brand new enterprise beneath the Igloo banner, to steer blockchain analysis and know-how improvement.
Dice Labs will oversee and contribute to the event of Summary, a brand new consumer-focused blockchain designed to drive the mass adoption of crypto.
Igloo, Inc. is a group of firms, the most important of which is Pudgy Penguins. Based in 2024, folks use its wide selection of crypto-native merchandise and platforms every day, from Pudgy Penguins®, Pudgy World™, OverpassIP™, and extra.
Summary is a consumer-focused blockchain empowered by ZK cryptography for client crypto, pioneering tradition, neighborhood, and creativity onchain. It goals to construct an onchain neighborhood, pushed by the tradition financial system, leveraging ZK Stack and EigenDA to supply low cost, quick, and safe transactions.
FinSMEs
23/07/2024
