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Igloo Scoops Up $11M+

2024-07-23
MIAMI, FL, Igloo, Pudgy Penguins' parent company, today announced the closing of over $11 million in funding.
Igloo today announced the closing of over $11 million in funding led by Founders Fund with additional investments from Fenbushi Capital, 1kx, Everest Ventures Group, and Selini Capital.

Igloo will use the strategic financing to establish Cube Labs, a new venture under the Igloo banner, to lead blockchain research and technology development.

Igloo is a collection of companies, the largest of which is Pudgy Penguins. Founded in 2024, the company is headquartered in Miami, Florida. Millions of people use its wide range of popular crypto-native products and platforms each day, from Pudgy PenguinsĀ®, Pudgy World™, OverpassIP™, and more.
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