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Massive Raises $11 Million in Seed Funding from Point72 Ventures to Bring a New Business Model to the Internet

Retrieved on: 
Tuesday, November 30, 2021

The round was led by Point72 Ventures with participation from Coinbase Ventures, Kraken Ventures, BlockTower Capital, and CoinShares Ventures.

Key Points: 
  • The round was led by Point72 Ventures with participation from Coinbase Ventures, Kraken Ventures, BlockTower Capital, and CoinShares Ventures.
  • Massive previously raised $1.5 million of pre-seed funding from Launch, Hustle Fund, and angel investor Brad Burnham of Union Square Ventures.
  • The internet's advertising-driven business model is long overdue for disruption, and we are excited to partner with Massive on their journey."
  • With offices in the US and Europe,Point72 Ventures isan affiliate of Point72, the global asset manager founded by Steven A. Cohen.