# Phaver

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/phaver

- Industry: Internet
- Headquarters: Helsinki, Finland
- Website: www.phaver.com
- Total disclosed funding: $7M
- Latest round: Seed (Oct 5, 2023)
- Investors on record: 10

## About

Based in Helsinki, Finland, and founded in 2019 by co-founder and CEO Joonatan Lintala, CFO Joonatan Lintala, Phaver Oy, a.k.a. Phaver operates as a provider of an online social platform that allows users to easily onboard into crypto without needing a digital wallet. In October 2023, Phaver Oy raised USD 7 million in seed funding from Alphanonce, Dao5, Factor, Foresight Ventures, London Real Ventures, Nomad Capital, Polygon Technology, Superhero Capital, SwissBorg, and Symbolic Capital. The seed funding valued Phaver Oy at USD 80 million post-money.

The company provides a web3 social media platform built on the Lens protocol and Cyberconnect, enabling individuals to use their email or existing social media and then create a web3 wallet later, where they can display digital assets, such as NFTs, or connect to other social blockchain networks, such as Lens.

Phaver plans to use its proceeds from October 2023 funding to support the growth of its team, develop its product, and expand its partnership.

## Funding rounds

- Seed, Oct 5, 2023, $7M — Nomad Capital, Foresight Ventures, Superhero Capital, SwissBorg, Polygon Technology, Alphanonce, dao5, Symbolic Capital, Factor, London Real Ventures

## Investors

- Nomad Capital — Seed
- Foresight Ventures (https://capitalatlas.ai/funds/foresight-ventures) — Seed
- Superhero Capital (https://capitalatlas.ai/funds/superhero-capital) — Seed
- SwissBorg — Seed
- Polygon Technology — Seed
- Alphanonce (https://capitalatlas.ai/funds/alphanonce) — Seed
- dao5 (https://capitalatlas.ai/funds/dao5) — Seed
- Symbolic Capital (https://capitalatlas.ai/funds/symbolic-capital) — Seed
- Factor — Seed
- London Real Ventures (https://capitalatlas.ai/funds/london-real-ventures) — Seed