Dmail secures strategic investment from Amino Capital

Daniel James
Daniel James
Dmail secures strategic investment from Amino Capital
Table of Contents
Table of Contents

Dmail continues to attract substantial investment as its massive potential to become the largest web3 email platform becomes increasingly evident.

Dmail Network announced a new strategic investment by Amino Capital due to its continued rapid development. Two months ago, Dmail claimed a robust seed round of funding, including Hashkey Capital, Draper Dragon, Outliers Fund, Parallel Ventures, FBG Capital, PAKA, Spark Digital Capital, and our very own Dfinity Community, etc., pushing their initial valuation to past $10 million USD. The funds will be used to expand the development staff and boost marketing and promotion.

AMINO Capital is an early-stage venture firm based in Palo Alto, focused on big data and data-driven technologies investments. With over $1 billion in capital under management, Amino has funded over 220 companies primarily in seed, Series A, and B, including 22 successful exits.

It boasts 13 unicorns, including Chime Bank, Webflow, Rippling, Weee, Headspin, Grail (acquired by Illumina), OmiseGo, DFINITY, Oasis Network, Turing, and Mobike (acquired by Maituan), and industry-leading fast-growing startups, such as Replit, Wyze, Avail MedSystems, Instawork, Orbeus (acquired by Amazon), Ozlo (acquired by Facebook), GrokStyle(acquired by Facebook), Assemblage (acquired by Cisco), Woomoo (acquired by Priceline), Contastic (acquired by Sugar CRM), Evertoon (Acquired by Niantic | PokemonGo), Yiqixie (Acquired by Kuaishou), Dataform (acquired by Google) and Voyage (acquired by Cruise).

Dmail Network, backed by the Dfinity Foundation, is the next-generation blockchain-based email building a comprehensive platform, integrating the functions of message communication, asset management, and data storage. In time, Dmail will be an essential infrastructure tool for users to upgrade their experience into the web 3.0 era.

About Dmail Network

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*Note: This press release has been edited with the permission of our partner, Dmail Network, to disseminate this information to our readership.

Connect with the author: Twitter | Email | Distrikt

Graphic Designer  - Jay Damani: Twitter | Instagram


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