NGRAVE Raises $6 Million in Seed Round, Kickstarting its Exponential Growth

NGRAVE has completed a seed round fundraise that reached $6 million as of January 19th, 2022. The Belgian-based “Coldest” Crypto hardware wallet provider is noted to have caught the interest of renowned DeFi and Web3 investors.

These include Woodstock Fund, Morningstar Ventures, DFG Group, Spark Digital Capital, Moonrock Capital, and Mapleblock Capital. Not only that but also multiple private crypto C-level angel investors as well as top crypto key opinion leaders have invested in the company.

Himanshu Yadav, Woodstock Fund Founding Partner, says the investment was a no-brainer. He remarks that NGRAVE is all about bringing the world’s best professionals together to solve a crucial problem in the digital assets space.

you create the most secure product for millions of users and thousands of enterprises. That is what NGRAVE is about and why it is a no-brainer investment for us.

Meanwhile, Ruben Merre, NGRAVE CEO and Co-Founder, says the seed round represents the kickstart of NGRAVE’s exponential growth stage.

…with the backing of several strategic investors, we are confident that 2022 will be a breakthrough year for NGRAVE.

NGRAVE continues to push the boundaries of innovation

The $6 million seed funding round enables NGRAVE to increase its global reach despite high demand. Especially since customers have sold out the product and now requires a waitlist registration to secure a spot on the queue.

Furthermore, NGRAVE launched the most successful crypto wallet pre-order campaign on both IndieGogo and Kickstarter in 2020. This allowed the company to raise $450,000 from 1,255– all of whom have received their orders. NGRAVE also announced that a new and more significant funding round will be organized later in 2022.