Gelato Network completed its Fundraising on 2024-01-03.
GEL
GEL
-6.17%
According to media reports, Gelato Network completed its Fundraising on 2024-01-03. the investors in this funding round include IOSG Ventures and others. Following this round, Gelato Network's total funding reached $28 M.
Gelato Network is Web3's automation and relayer network, enabling developers to automate a wide variety of arbitrary smart contract executions on and across all EVM-based compatible blockchains such as Ethereum. Examples of use cases built on top of Gelato include Limit Orders on AMMs like Uniswap, cross-chain bridges, automatic compounding of yield farming vaults, Aave liquidation protection, MakerDAO debt ceiling updates, automated liquidity management, and even petting of Aavegotchis.
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GEL Fundraising History
| Round | Amount | Valuation | Time | Investor(s) |
|---|---|---|---|---|
| -- | -- | -- | 2024-01-03 | IOSG Ventures |
Key Milestones
- 2024-10-28Gelato Network raised $ 11 M in OTC round
- 2024-01-04Gelato Network completed an OTC round
- 2021-09-30Gelato Network raised $ 11 M in Series A round
- 2021-09-13Gelato Network raised $ 5 M in Public Sale round
- 2021-09$GEL was live for trading
- 2020-09-15Gelato Network raised $ 1.2 M in Seed round
- 2020-07-03Gelato Network was live on mainnet
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| 1H | 24H | 7D | 30D | 1Y |
|---|---|---|---|---|
0.06% | 7.26% | 0.72% | 52.94% | 67.56% |
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