How Much Did DeFine Raise?
Funding & Key Investors

DeFine, a provider of non-fungible token (NFT) based social networking solutions, has secured significant enterprise-level funding, with its total funding reaching $5M. The company also recently received an undisclosed amount in its latest funding round, as indicated by the $0 placeholder. This strategic capital infusion positions DeFine for further development and market expansion in the burgeoning NFT and social networking space.

What is DeFine?

DeFine
SoftwareFinancial Software

Founded in 2020 and headquartered in New York, New York, DeFine operates as a platform for non-fungible token (NFT) based social networking. The company aims to bridge the gap between digital assets and social interaction, enabling users to connect and engage through unique NFT creations. This innovative approach taps into the rapidly growing digital collectibles market and the evolving landscape of online communities.

How much funding has DeFine raised?

DeFine has raised a total of $5M across 1 funding round:

2021

Unspecified

$5M

Unspecified (2021): $5M with participation from Huonbi Ventures and Abyss

Key Investors in DeFine

Huonbi Ventures

Huonbi Ventures is an investment firm that participated in DeFine's funding round. Their specific investment focus is not detailed.

Abyss

Abyss Group is a specialized underwater services company that tackles complex marine projects. They send professional divers and mini-submarines to do underwater inspections, maintenance, and repairs for fish farms, ships, and offshore platforms. Their team handles everything from underwater construction to precise underwater mapping, using advanced equipment to get jobs done safely in challenging marine environments.

What's next for DeFine?

With its recent capital injection, DeFine is poised to accelerate its growth trajectory. The enterprise-level funding suggests a focus on scaling operations, enhancing platform capabilities, and potentially expanding its user base. Future developments may include deeper integration of NFT functionalities into social interactions, strategic partnerships within the blockchain and metaverse ecosystems, and further refinement of its user experience to solidify its market position. The company's trajectory indicates a strong commitment to innovation in the decentralized social networking sphere.

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Frequently Asked Questions Regarding DeFine Financial Insights

What are the most recent funding rounds that DeFine has completed, and what were the funding rounds?
DeFine has recently completed 1 funding rounds: Unspecified on Jul 20, 2021.
What is the total amount of funding DeFine has raised to date?
DeFine has raised a total of $5M in funding to date.
How many funding rounds has DeFine completed?
DeFine has completed 1 funding rounds.
How much funding did DeFine raise in its most recent funding round?
DeFine raised $5M in its most recent funding round.
Who are the lead investors in DeFine's latest funding round?
The lead investor in DeFine's latest funding round was Huonbi Ventures. To access investor data and explore similar companies, sign up for ZoomInfo.
Which was the largest funding round in DeFine's history?
The largest funding round in DeFine's history was $5M.
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