Finnish Web3 startup Phaver raises $7 million for user-friendly web3 social platform expansion

Phaver is a social media platform operated by Phaver Oy and allowing users create, edit, update, share, curate, mint and monetize content. Here are details of Phaver’s latest funding round :

🚀 Launch

2019

🏭 Industry

Web3

🧠Management

Joonatan Lintala (Co-founder & CEO), Carlo Hyvönen (Co-founder & CTO), Tomi Fyrqvist (Co-founder & CFO), Tom Hämäläinen (Co-founder & CIO)

💸 Funding & Investors

INVESTMENT (October 2023)$7 million (Seed)
INVESTORSPolygon Ventures, Nomad Capital, Symbolic Capital, dao5, Foresight Ventures, Alphanonce, f.actor, Superhero Capital, and SwissBorg

🎯 Funding purpose

Product development; Team expansion; Partnerships with other web3 projects; Marketing; Community-building; Research; Security; and Compliance.

🌐 Country HQ

Finland (Helsinki)

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