Mycelium is a pioneering digital banking startup, focusing on privacy and security in the era of digital assets. Established in 2012, the company is at the forefront of innovation, developing products and services based on Bitcoin. Utilizing this technology, Mycelium aims to address the challenge of building consensus between untrusted computer systems, historically resolved through intermediaries trusted by all parties. This core innovation enables a range of applications, including instantaneous global money transfers, reduced transaction fees for merchant payment systems, improved remittance systems, and banking services for the four billion individuals without access to traditional banks. In January 2018, Mycelium secured a $5.00M Series A investment, signaling confidence in the company's vision and potential within the Blockchain, Crypto, Financial Services, and Fintech industries.
Funding Stage | Amount | No. Investors | Investors | Date |
---|---|---|---|---|
Series A | $5.00M | - | 03 Jan 2018 | |
Equity Crowdfunding | $3.50M | - | 01 May 2016 | |
Seed Round | $3.00M | - | 13 Mar 2015 |
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