# Plume Network

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/plume-network

- Industry: Software
- Headquarters: George Town, Cayman Islands
- Website: www.plumenetwork.xyz
- Total disclosed funding: $30M
- Latest round: Series A (Dec 18, 2024)
- Investors on record: 13

## About

Established in 2023 and based in George Town, Cayman Islands, Plume Network Inc. engages in research and development of Layer 2, which is responsible for connecting tangible assets to the blockchain ecosystem. In May 2024, Plume Network Inc. raised USD 10 million in seed funding led by investor Haun Ventures, with participation from Galaxy, Superscrypt, Reciprocal Ventures, SV Angel, A Capital, and Portal Ventures. As of 2024, the company is being led by its CTO Eugene Shen, CEO Chris Yin, CBO Teddy Pornprinya, and CMO Tiffany Lung. In December 2024, Plume Network Inc. raised USD 20 million in series A funding from new investors 280 Capital Partners, Brevan Howard Digital, Faction VC, HashKey Capital, and Laser Venture Capital, with participation from returning investors A Capital, Haun Ventures, Galaxy Ventures, Reciprocal Ventures, Superscrypt, and SV Angel. Other unspecified investors also participated in the round. The firm provides a modular Layer 2 blockchain designed to facilitate the on-chain deployment of real-world assets (RWAs). The firm offers an infrastructure that allows users to onboard assets instantly, with robust compliance tools to ensure regulated capital attraction. Plume enables trading, borrowing/lending, and farming of diverse assets, and features a no-code RWA Launcher for easy asset tokenization. The company intends to use the May 2024 funding to support its growth and expansion.

## Funding rounds

- Series A, Dec 18, 2024, $20M — 280 Capital Partners, SV Angel, Reciprocal Ventures, Galaxy Ventures, HashKey Capital, Haun Ventures, Superscrypt, Faction, Laser Venture Capital, A Capital
- Seed, Oct 1, 2023, $10M — A Capital, SV Angel, Reciprocal Ventures, YZi Labs, Portal Ventures, Haun Ventures, Superscrypt, Galaxy

## Investors

- A Capital (https://capitalatlas.ai/funds/a-capital) — Seed, Series A
- SV Angel (https://capitalatlas.ai/funds/sv-angel) — Seed, Series A
- Reciprocal Ventures (https://capitalatlas.ai/funds/reciprocal-ventures) — Seed, Series A
- YZi Labs (https://capitalatlas.ai/funds/yzi-labs) — Seed
- Portal Ventures (https://capitalatlas.ai/funds/portal-ventures) — Seed
- Haun Ventures (https://capitalatlas.ai/funds/haun-ventures) — Seed, Series A
- Superscrypt (https://capitalatlas.ai/funds/superscrypt) — Seed, Series A
- Galaxy (https://capitalatlas.ai/funds/galaxy) — Seed
- 280 Capital Partners (https://capitalatlas.ai/funds/280-capital-partners) — Series A
- Galaxy Ventures — Series A
- HashKey Capital (https://capitalatlas.ai/funds/hashkey-capital) — Series A
- Faction (https://capitalatlas.ai/funds/faction) — Series A
- Laser Venture Capital (https://capitalatlas.ai/funds/laser-venture-capital) — Series A