Kyro Digital Closes $10M in Series A Funding

kyro

Kyro Digital, a San Francisco, CA-based native Web3 building platform, closed $10M in Series A funding.

Backers included Avalanche (Blizzard), Polygon, Rally, Tezos, Decasonic, Drive Capital,, Fenbushi Capital, Information Capital, Signum Capital, UOB Venture Management, Woodside Incubator and Brad Koenig. As part of the round, Brad Koenig joined the Kyro Digital Board of Directors. 

Spun out of Sage Digital and led by CEO and Founder Samir Arora, Kyro is a native web3 platform that enables the next generation of applications for crypto marketplaces. The company works with multiple chains, marketplaces and individual IP owners to make it easier to not just mint, launch and scale storefronts, marketplaces and DAOs but create new long-lasting on-chain value through Kyro’s applications for genesis and secondary sales of all crypto assets. The platform allows creators to build natively across a choice of integrated chains.

At launch, Kyro natively supports five leading chains —Avalanche, ETH, Flow, Polygon, Rally and Tezos. The platform also offers ten digital / real-world crossover applications, 3rd party applications, and the first Web3 builder.

Arora started working on distributed applications at Apple and was the former CEO of NetObjects, which launched the first website builder for Web 1.0.

FinSMEs

16/02/2022