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Avalon Labs
Seed Round

Past 14 Mar - 15 Mar 2024

Avalon Labs is a blockchain company developing financial solutions to expand Bitcoin’s utility in decentralized finance (DeFi). $AVL token gives voting power within Avalon Labs’ decentralized governance system, exclusive perks, including fee rebates, access to AVL Lend, and special incentive allocations. 

In its Seed round, the company raised $1.5M backed by SNZ Holding, Summer Ventures, Spark Digital Capital, Matrixdock, and Web3Port Foundation. The raised funds are aimed at expanding Avalon Labs' ecosystem, particularly in developing Bitcoin-backed financial instruments.

CoinLaunch Score: Last update:
Medium 21 Feb 2025

Avalon Labs - Seed Round  Overview

start date: 14 Mar 2024
end date: 15 Mar 2024
price: $0.03
tokens for sale: 50,000,000
Raise: $1,500,000
Min. Buy: N/A
Max. Buy: N/A
Industry: DeFi
Lock-up:

Tokens had a 12-month cliff, followed by a 12-month gradual vesting

More about Avalon Labs

Avalon Labs - Seed Round Funds and Backers

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SNZ Holding logo
SNZ Holding
Score:
16 numbers of
investment
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Web3Port logo
Web3Port
Score:
4 numbers of
investment
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4 numbers of
investment
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