Mask Network raised $2 M in a new round of funding on 2020-11-02.

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According to media reports, Mask Network raised $2 M in a new round of funding on 2020-11-02. the investors in this funding round include Hash Global,HashKey Capital,SevenX Ventures,Ryze Labs,SNZ Holding,IOSG Ventures,Youbi Capital,S Capital,Evernew Capital,Alameda Research and others. Following this round, Mask Network's total funding reached $57 M.
Mask Network is a Web3 portal that aims to bridge Web2 users to Web3. It brings a decentralized application ecosystem to traditional social networks, providing decentralized options for features Web 2.0 users are familiar with. Users can enjoy secure, decentralized social messaging, payment networks, file storage, and file sharing without leaving mainstream social media networks. The release of Mask Network's 2.0 iteration includes the multi-chain Mask wallet, a MaskID login system that aggregates users' social media accounts and Web 3.0 addresses, and a dApp marketplace called D.Market.

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MASK Fundraising History
RoundAmountValuationTimeInvestor(s)
--$2 M--2020-11-02Hash Global,HashKey Capital,SevenX Ventures,Ryze Labs,SNZ Holding,IOSG Ventures,Youbi Capital,S Capital,Evernew Capital,Alameda Research
Key Milestones
  • 2025-04-23
    Mask Network raised $ 5 M in funding round
  • 2024-02-20
    Mask Network raised $100 million for its fund
  • 2023-01-19
    Mask Network raised $ 5 M in strategic financing
  • 2022-07-06
    Mask Network's First Fund (Bonfire Union) close with $42 million
  • 2022-04-14
    Mask Network completed a strategic financing
  • 2021-10-28
    Mask Network completed a strategic financing
  • 2021-09-19
    Mask Network completed a strategic financing
  • 2021-04-01
    Mask Network completed a strategic financing
  • 2021-02-24
    Mask Network raised $ 42.7 M through IDO
  • 2021-02-16
    Mask Network raised $ 3 M in funding round
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