Fedi, Inc. Announces Raising $17 Million in Series A Round
Retrieved on:
Wednesday, May 3, 2023
AUSTIN, Texas, May 3, 2023 /PRNewswire/ -- Fedi, Inc., a U.S. based developer of community-empowering financial and data technology, announced today that it has raised $17 million in a Series A round of financing, and is set to pre-launch an Alpha version of Fedi for builders later this month.
Key Points:
- Fedi aims to be the world's first federated operating system.
- The financing round was led by Ego Death Capital, with participation from TBD, part of Block, Kingsway, Trammell Venture Partners, and Timechain.
- The Series A brings the total amount raised by Fedi to $21.21 million.
- Earlier seed round investors included Ten 31, Hivemind, Steve Lee, and Recursive Capital.