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Bitcoin scaling protocol QED has raised $6 million in a seed funding round, achieving a nine-figure valuation. Blockchain Capital led the investment, which concluded in April and was structured as a simple agreement for future equity (SAFE) plus token warrants. QED, which focuses on zero-knowledge proof verification technology, has now secured a total of $6 million in funding. The funding round began in March and closed in April, with Blockchain Capital as the sole investor. QED’s founder Carter Feldman revealed the details of the funding structure.
JUST IN: @QEDPROTOCOL RAISES $6M AT VALUATION OF MORE THAN $100M - @BLOCKCHAINCAP SWALLOWS ENTIRE INVESTMENT ROUND
BITCOIN SCALING PROTOCOL QED RAISES $6 MILLION QED’s founder Carter Feldman revealed that the round, which concluded in April, was structured as a SAFE plus token warrants, pushing QED's valuation to nine figures. With this new funding, QED’s total raised amount stands at… https://t.co/ydKASExgHG
QED RAISES $6 MILLION IN SEED FUNDING Bitcoin scaling protocol QED has secured $6 million in a seed funding round with Blockchain Capital as the sole investor. The funding round, which began in March and closed in April, was structured as a simple agreement for future equity… https://t.co/tKK59heyrz