Teleport secures $2.5M seed financing

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By CPE News

CPE News Brief (3.17.2023) – Teleport Technologies Inc. has raised $2.5 million in seed funding to launch TeleportDAO, its secure and trustless infrastructure, connecting blockchains together.

The financing was led by AppWorks and DefinanceX, with participation from CoinList, Quantstamp, Gate Labs, SNZ Holding and Candaq Fitech.

Led by founders Niusha Moshrefi and Mahyar Daneshpajooh, Vancouver based TeleportDAO is a trustless and universal interoperability protocol that provides an infrastructure for developers to build cross-chain applications.

photo credit: Teleport