Azuro Closes $3.5M In Seed Round

Published on: 20.01.2022

Azuro announce the successful closure of its seed round raising $3.5 million from true value adds on the venture and strategic partner side.

Azuro is proud to be working with Gnosis, Flow Ventures, Polymorphic Capital, who lead the round, and Ethereal VenturesArrington XRP Capital, AllianceDAO (a.k.a. DeFi Alliance), Delphi Digital, Meta Cartel Ventures, Merit Circle and Clever Advertising (a top 3 global sports betting media).

Other VCs and Angels who have joined are SevenX, OP Crypto (lead by ex-Huobi David Gan), CitizenX, BR Capital, David Post (Chainlink), Alex Wearn (IDEX founder), Sergei Chan. Having the backing of this group is excellent validation for our efforts so far and makes us even more confident we are on the right path to bring decentralized betting to the world.

The partners’ backgrounds range from web3, GameFI, DeFi, blockchain infrastructure, traditional betting infrastructure, sportsbetting lead generation, and bring an immense amount of experience and capability to the project both sector-wise and geographically. The support that Azuro got is indicative of their ambitions — to disrupt web2 sports betting with a trustless, permissionless proposition, and to create the new betting layer on top of web3 with totally novel use-cases and functionality.

ABOUT Azuro
Azuro is a decentralized autonomous organization focused on the democratization and innovation in betting

RESOURCES
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