Parasail Completes $4 Million Seed Round, Led by Protocol Labs

05/29 02:33

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Gold Finance reported that Parasail, focusing on improving the security of DePIN hardware services, has completed a seed round financing of $4 million with a valuation of $50 million. Protocol Labs led the investment, with participation from Foresight Ventures, D11 Labs, MH Ventures, BitRise Capital, EV3, Fenbushi Capital, Modular Capital, Faculty Group, DWF Ventures, AGE Crypto, Waterdrip Capital, and other investors to be announced.

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