Categories:
DeFi
Lending
Polkadot Parachain
Layer3
Ecosystem:
Polkadot
Kusama
Region:
United States
Founded:
2021
Parallel Network is a layer 2 scaling solution built on top of Ethereum, powered by Arbitrum's Nitro stack. Parallel is a full stack L2 with native yield, lending, staking, trading, and more in one place.
Parallel Finance Fundraising
Fundraising Event
| Round | Amount | Valuation | Date | Investors |
|---|---|---|---|---|
| -- | $5M | $500M | Apr 05, 2022 | |
| Strategic | $5M | $250M | Nov 08, 2021 | |
| Series A | $22M | $150M | Aug 31, 2021 | |
| Seed | $2M | $40M | Jun 14, 2021 |
Investor
Parallel Finance Team
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