KZen | Pixr8 News

Funding is an important and vital part of businesses these days. Through funding, businesses expand aggressively in the market and give a fight to the other competitors in the space. The company that raised the maximum funds this week was Droom that raised an amount of $30 million. This week was very eventful in terms of fundraising as many companies raised funds for various purposes and also various backers participated in this funding week. Here we have the list of top five funding activities of the week. 1. VAHDAM TEAS An Indian online tea brand called Vahdam Teas has reportedly raised funds amounting to $2.5 million (Rs 16 Crore) in its third institutional round of fundraising. This round was led by existing investor Fireside Ventures. With thi...

KZen, a company run by former TC editor Ouriel Ohayon, has raised $4 million in seed funding. The funding round was led by Benson Oak Ventures, Samsung Next, Elron Ventures. The company is planning to use these funds to build a “better wallet,” obviously the elusive Holy Grail in the crypto world. Omer Shlomovits, Tal Be’ery, and Gary Benattar are deep crypto researchers and developers and helped build the wallet of Ohayon’s dreams. “We wanted something that did not feel like a pre-AOL experience, that was incredibly superior in terms of security, and simple to use,” he said. “We wanted a solution that brings peace of mind and that did not force the user into compromising between convenience and security which is, unfortunately, the current state of affairs. We quickly realized that ...

Tag: KZen

Top Five Funding News of the Last Week (1st Oct – 6th Oct)

Ouriel Ohayon’s KZen has Raised $4 million in Seed Funding