The Good Tech Companies - Mandala Chain Secures $1 Million In Pre-Seed Funding

Episode Date: December 9, 2024

This story was originally published on HackerNoon at: https://hackernoon.com/mandala-chain-secures-$1-million-in-pre-seed-funding. This milestone marks a pivotal step in Mandala Chain's journey to onboard the next 100 million users into Web3 through its innovative blockchain infrastructure Check more stories related to web3 at: https://hackernoon.com/c/web3. You can also check exclusive content about #web3, #mandala-chain, #chainwire, #press-release, #mandala-chain-announcement, #blockchain-development, #crypto-funding, #good-company, and more. This story was written by: @chainwire. Learn more about this writer by checking @chainwire's about page, and for more stories, please visit hackernoon.com. Mandala Chain announces successful closure of its pre-seed funding round, raising $1 million. The round was led by Harbour Industrial Capital, with additional participation from O-DE Capital, NLS Ventures, and strategic Polkadot ecosystem partners.

This audio is presented by Hacker Noon, where anyone can learn anything about any technology. Mandala Chain secures $1 million in pre-seed funding by Chainwire. DENPASER, Bali, Indonesia, December 9, 2024, Chainwire, Mandala Chain, an L1 dedicated to connecting government, enterprise, and retail in markets, announces the successful closure of its pre-seed funding round, raising $1 million. The round was led by Harbor Industrial Capital, with additional participation from Oda Capital, NLS Ventures, and strategic Polkadot ecosystem partners. This milestone marks a pivotal step in Mandala Chain's journey to onboard the next 100 million

users into Web3 through its innovative blockchain infrastructure and its focus on addressing real-world challenges in emerging markets. Greater than, we are deeply grateful for the confidence our investors have shown in our greater-than vision to make blockchain technology accessible and impactful for emerging greater-than markets, said Matthew Paul, CEO of Mandala Chain Foundation. Greater than, this funding will drive our efforts to deliver scalable, real-world solutions greater than that empower and bridge the gap between expanding an established blockchain greater than markets. Greater than Max Rebel, CEO of Harbor Industrial Capital, added, as a Polkadot ecosystem greater than fund, we love to invest into projects

that understand how to leverage greater than Polkadot's next generation technology stack to enable mass adoption of Web3. Greater than we are therefore thrilled to support Mandala Chain in building out services greater than that solve real problems in one of the world's most dynamic regions. Greater than greater than, this funding will enable Mandala Chain to scale its operations, build strategic partnerships, and expand its presence in emerging markets. With a focus on deploying practical real-world use cases, Mandala Chain aims to drive meaningful adoption of blockchain technology, starting with key initiatives in Indonesia. For media inquiries, please contact x at mandalationmail.info at mandalachain.io About Mandala Chain is the blockchain where

government and enterprise applications integrate seamlessly with public and retail applications. It is a network built to bridge the gap between emerging and global blockchain markets. Their first use case is in Indonesia, where strategic resources and partnerships gives them advantages they can leverage to expand into broader markets. Contact CEO Matthew Paul Mandala Chain Foundation Info at mandalachain.io Tip This story was distributed as a release by Chainwire under HackerNoon's business blogging program. Learn more about the program here. Thank you for listening to this HackerNoon story, read by Artificial Intelligence. Visit HackerNoon.com to read, write, learn and publish.