Vinter, a Stockholm, Sweden-based index provider for crypto assets, raised $3.4m in seed funding.
The round was led by Octopus Ventures with participation from the Ricketts family office, D4 Ventures, Pfeffer Capital and notable angels including Gokul Rajaram, Marc Powers and David Chreng.
The company intends to use the funds to hire senior data analysts and scientists, build out its team of backend developers and technical data engineers, and expand its business reach.
Led by Jacob Lindberg, CEO, Vinter is an index provider specialized in crypto assets, playing a key role in the crypto ETF industry. The company collects digital asset data from hundreds of sources, transforming proprietary strategies into investable products and continues to expand its range of crypto asset indexes for ETP and ETF issuers.