Bags $4M Fund

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Itheum announced investments from Elrond, Mechanism Capital, and other crucial investors; raising their funds from $11.5M to $14M. The initial $11.5M came from an earlier round funded by Morningstar Ventures, incubating Itheum via their Elrond Dubai Incubator.

The additional investments included Elrond Foundation, Mechanism Capital, Woodstock, Ascensive Assets, Skynet EGLD Capital, MHC Digital Finance, ZBS Capital, and Spark Digital Finance.

Itheum’s Founder Mark Paul commented on the recent eventful months of Itheum.

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