What is Fasset?
Fasset operates within the Central Bank of Bahrain's Regulatory Sandbox, a controlled environment designed to test innovative financial solutions. The company is developing a platform for the ethical financing of sustainable infrastructure, aiming to create a new asset class for investors. This innovative approach is rooted in real-world, physical investments and leverages blockchain technology to enable unprecedented portfolio diversification and enhance economic opportunities.
How much funding has Fasset raised?
Fasset has raised a total of $22M across 1 funding round:
Series A
$22M
Series A (2022): $22M with participation from Soma Capital, MyAsiaVc, Liberty City Ventures, and Fatima Gobi Ventures
Key Investors in Fasset
MyAsiaVc
MyAsiaVC is a venture capital firm that focuses on accelerating disruption by investing in extraordinary founders to help them build lasting companies. With over 250 portfolio companies and more than $125 million in assets under management, they are committed to fostering innovation through community, experience, and capital. Their diverse team is dedicated to supporting startups across various sectors, particularly in technology and sustainable mobility. MyAsiaVC aims to empower the best founders by providing the resources and network necessary for success.
Liberty City Ventures
Liberty City Ventures is a New York-based firm that focuses on providing seed stage investments to issuers and entrepreneurs. The company aims to support innovative startups in their early stages of development. Their services are tailored specifically for those seeking funding to grow their business. Liberty City Ventures does not engage with potential investors directly through their platform.
Soma Capital
Undisclosed investor participating in the funding round.
What's next for Fasset?
The recent major strategic investment signals a pivotal growth phase for Fasset. With its focus on sustainable infrastructure and asset tokenization, the company is well-positioned to capitalize on increasing investor demand for ethical and diversified investment opportunities. This capital infusion is expected to accelerate Fasset's platform development and market penetration, further solidifying its role in shaping the future of finance.
See full Fasset company page
