Further Ventures Invests in GRVT $19M Series A
Gunderson Dettmer represented client Further Ventures, a leading capital markets infrastructure investment firm based in Abu Dhabi, as an investor in the $19 million Series A financing of GRVT. ZKsync, EigenCloud and 500 Global also participated in the round. Prior to the Series A, Further Ventures led the $5 million strategic investment round of GRVT.
GRVT (pronounced “gravity”) is an onchain financial platform built on the ZKsync Stack that ensures private, trustless, scalable and secure infrastructure. Through its decentralized exchange and investment marketplace, GRVT enables everyday people to trade, invest, and grow wealth transparently alongside world-class professionals.
The company will use the new capital to accelerate GRVT's multi-pronged product strategy, designed to serve both active traders and passive investors. It will also fuel community initiatives and talent acquisition to drive global expansion.
In the announcement of the transaction, Further Ventures Managing Partner Faisal Al Hammadi said, “Further Ventures is committed to backing the next generation of financial infrastructure from Abu Dhabi to the world. GRVT’s application of zero-knowledge proofs demonstrates how cutting-edge cryptography can underpin markets at institutional scale, and we are proud to support their vision for a truly borderless financial system.”
The Gunderson deal team was led by Ibrahim Elshamy.
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