Superstate

Asset Management Firm Superstate Announces $14m Series A Financing

Retrieved on: 
Wednesday, November 15, 2023
Professional Services, Other Professional Services, Cryptocurrency, Finance, Asset Management, Fintech, Banking, Ethereum, CMT, Galaxy, Fund, XYZ, Investment, Jim Breyer, Automation, Series, Decentralized finance, Superstate, Nascent

Superstate , an asset management firm modernizing the infrastructure of investment funds, today announced a $14m first close of their Series A financing.

Key Points: 
  • Superstate , an asset management firm modernizing the infrastructure of investment funds, today announced a $14m first close of their Series A financing.
  • Superstate previously raised a $4m Seed financing in June 2023 led by ParaFi, Cumberland, and 1kx.
  • “The future of investments are programmable, compliant, and transparent,” said Superstate Co-founder and CEO Robert Leshner.
  • Superstate aims to bring on-chain advantages to U.S. investors.”
    Superstate is developing regulated, self-custodied on-chain funds.

100+ Web3 Founders in Survey: Product-Market Fit and Timing Are Most Existential Challenges

Retrieved on: 
Thursday, November 9, 2023
Ethereum, Quantstamp, Decentralized finance, Compound, Committee, Cravath, Swaine & Moore, Harvard Club of Boston, NOT, SVB, Superstate, Marketing, PMF, House, ConsenSys, Cryptocurrency

WASHINGTON, Nov. 9, 2023 /PRNewswire/ -- Bloccelerate has completed a survey of 100+ Web3 founders, concluding that finding product-market fit (PMF) and managing product-market timing are the biggest existential challenges.

Key Points: 
  • WASHINGTON, Nov. 9, 2023 /PRNewswire/ -- Bloccelerate has completed a survey of 100+ Web3 founders, concluding that finding product-market fit (PMF) and managing product-market timing are the biggest existential challenges.
  • The survey covered 13 questions which elicited both open-ended responses and structured rankings of common challenges faced by web3 founders.
  • Responses to the survey reveal factual information (e.g., years in the industry), opinions (e.g., what is THE single most existential problem facing the space?
  • Last Friday, Bloccelerate hosted 140+ Web3 founders, investors, and experts at the Harvard Club of New York City to discuss the challenges and priorities captured in the survey results.