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Venture Capital News: AIKON Secures $10M Series A

2022-09-30
SAN FRANCISCO, CA, AIKON, a leader in Web3 onboarding solutions, announced a $10 million Series A equity financing round.
AIKON, a leader in Web3 onboarding solutions, announced a $10 million Series A equity financing round. The round was led by institutional blockchain investment firm Morgan Creek Digital.

Also in this round, Blizzard the Avalanche Fund joined as a strategic investor and partner. Mark Yusko and W. Scott Stornetta will be part of AIKON's Board. Mark is the CEO of Morgan Creek Capital Management (MCCM) and Managing Partner of Morgan Creek Digital (MCD). MCD, the blockchain and crypto investment business line at MCCM, invests in promising seed and early-stage blockchain companies as well as later stage companies seeking growth capital.


The Series A financing round also includes capital from Up2 Opportunity Fund, Hestia Investments, and Yugen Partners, as well as follow-on investments from Mighty Capital, Alpha Edison, and Think+ Ventures. All these funds also purchased ORE Tokens in order to take a stake in the ORE Network.
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