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Blockchain startup 5ire on Friday said it has raised $100 million in Series A funding from UK-based conglomerate SRAM & MRAM, taking its valuation to $1.5 billion and becoming a new unicorn in the country.5ire was founded by Indian-origin ...
5ire raises USD 100 million in Series A Funding at valuation USD 1.5 billion, turns unicorn | 2022-07-15 17:40:00
An Indian development firm has scored a $100M investment to create a bridge between sustainability and blockchain technology with a proprietary layer-1 protocol.
5ire was founded by Indian-origin entrepreneurs, Pratik Gauri and Prateek Dwivedi, along with web3 financier Vilma Mattila, in August 2021.
5ire, has received funding from UK-based conglomerate SRAM & MRAM to become the fastest growing blockchain unicorn in India and the only sustainable blockchain unicorn in the world. Brainchild of India-origin founders, Pratik Gauri and Prateek Dwivedi SINGAPORE - Media OutReach - 15 July 2022 - 5ire, a fifth generation level 1 blockchain network and the world's first and only...