Crypto wallet company Ledger raises another $108 million

Crypto wallet company Ledger raises another $108 million

a year ago
Anonymous $5YzO3NGzaX

https://techcrunch.com/2023/03/30/crypto-wallet-company-ledger-raises-another-108-million/

French startup Ledger has added more money to its Series C funding round. The company designs and manufactures so-called hardware wallets to secure crypto assets. In 2021, the company raised €356 million ($385 million at today’s exchange rate). And the company is adding another €100 million ($108 million) in new funding.

This is an extension round as the valuation of the company isn’t changing — €1.3 billion ($1.41 billion at today’s exchange rate). In the current funding environment, raising at the same valuation is already quite impressive.