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Venture Capital News: Hopae Nets $6.5 Million Funding

2024-11-20
SAN FRANCISCO, CA, Hopae, makers of the world's most advanced digital identity solution, announced $6.5 million in funding.
Hopae, makers of the world's most advanced digital identity solution, today announced $6.5 million in funding as the company introduces its proprietary, patented Digital Credential eXpress (DCX) architecture to the U.S., simplifying the complex world of decentralized ID (DID) implementation. Hopae helps governments and institutions issue reusable, privacy-preserving, and unforgeable digital IDs and credentials. Its expansion and funding news comes as companies seek to comply with new international digital identity regulations.

Hopae's funding, totaling $6.5 million, includes $4.3 million in seed round from investors led by SV Investment, with participation from Z Venture Capital, Bon Angels Venture Partners, along with $2.2 million in debt financing from Korea Credit Guarantee Fund (KODIT).
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