We’re excited to announce that the TEA Project’s latest funding round has been successfully completed. The $1.3 million post-seed round is led by Draper Dragon. The Draper Dragon team has been a pleasure to work with, and we look forward to our partnership bringing a great deal more exposure to the project.
The investors in this round include:
- Draper Dragon
- JDI Global
The Funding Impact for the TEA Project
The TEA Project has the ambitious goal of bringing decentralized cloud computing to the blockchain. Our innovative two-layer solution is flexible enough to run alongside many different layer-ones. The post-seed round will directly support the TEA Project to hire more developers and increase our marketing budget.
We’re extremely optimistic about the investors in this round and what it means for the TEA Project’s future. Draper Dragon has vast experience navigating the crypto space, and we look forward to their support helping us build our long-term vision of a decentralized compute layer for Web3. We also plan to have TEA-embedded hardware in the home to provide unbreachable privacy for consumer data, and also having JDI Global as part of this round brings us closer to this goal.