Pudgy Penguins parent company Igloo, Inc. completes over $11 million in financing, led by Founders Fund

Bitget App

Trade smarter

Odaily2024/07/23 16:02

By:Odaily

Odaily News Pudgy Penguins parent company Igloo, Inc. announced that it has completed more than $11 million in financing, led by Founders Fund, with participation from Distributed Capital, 1kx, Everest Ventures Group and Selini Capital. Igloo plans to use this strategic financing to develop its new business Cube Labs. Cube Labs will oversee and participate in the development of Abstract as a contributor, a new consumer-focused blockchain that aims to promote the mainstreaming of encryption. Abstract is incubated by the non-profit Abstract Foundation, allowing billions of people to go online for the first time, and its test network will be launched soon.

Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

PoolX: Locked for new tokens.

APR up to 10%. Always on, always get airdrop.

Lock now!

Explore why Qubetics, Cardano, and Toncoin are the best cryptos to buy now in 2025, with groundbreaking innovations and real-world applications.Qubetics ($TICS): Bridging Real-World Assets with BlockchainCardano (ADA): Pioneering Sustainable Blockchain SolutionsToncoin (TON): Revolutionizing Digital InteractionsUnderstanding Real World Asset TokenizationConclusion

Coinomedia•2025/05/10 23:44