Kylin Network Successfully Closes $2.7M Private Round Fundraising, Collecting More Key Allies and Solidifying Roadmap

Kylin Network
2 min readFeb 23, 2021

Bolstered by the leadership and faith of our seed investors, and the enormous response to our vision of a cross-chain platform powering the data economy on Polkadot, it was a whirlwind experience putting together our private round, which was oversubscribed by many multiples and took only a couple weeks to close.

The private round was an opportunity to solidify our roadmap and collect more key allies in our journey toward building the data infrastructure of Web 3.0 via Polkadot. In this round, we collected a total of $2.7M in funding at a $30M valuation.

In addition to many of our seed funders doubling down on their investment, we welcomed new partners into our vision and growth. Please find below.

Private Round Highlights

We were also grateful to those doubling down from our seed round:

About Kylin Network

Kylin Network aims to build a cross-chain platform powering the data economy on Polkadot. It will be the data infrastructure for the future DeFi and Web 3.0 powered by Polkadot. Kylin Network will provide valid, reliable, secure, cost-effective, and easily-coordinated data sources and data analytics.

Contact Kylin Network

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Kylin Network

Building a Cross-chain Platform Powering the Data Economy on Polkadot