# Portal Gate

Startup profile on Capital Atlas: https://capitalatlas.ai/startups/portal-gate

- Industry: Software
- Headquarters: Singapore, Singapore
- Website: www.portalgate.me
- Total disclosed funding: $1.1M
- Latest round: Seed (Jun 19, 2023)
- Investors on record: 7

## About

Founded in 2022 and based in Singapore, Portal Gate operates as an online platform that provides privacy-based decentralized finance stacking solutions for cryptocurrency traders. In June 2023, Portal Gate raised USD 1.1 million in seed funding from Apollo Crypto Management, including Comma3 Ventures, Fork Ventures, Gandel Invest, Greythorn Asset Management, Rebase D. Ventures, and Upside Dao.

The company offers an on-chain-compatible gateway to privacy and anonymity for digital asset transfers. The firm minimizes the link between on-chain wallets and personally identifiable information, protecting user privacy and data safety by employing zero-knowledge oracles.

Portal Gate provides a solution that allows users to protect their privacy while following KYC/KYB compliance standards by anonymizing on-chain transactions and balances. To use Portal Gate, customers can connect and authenticate their wallets before wrapping their assets into kycTokens, placing them into Portal Gate, and securely withdrawing them to another wallet. The firm’s partners include Apollo Crypto, zCloak Network, Upside DAO, Gandel Invest, Fork Ventures, and others.

The organization plans to use the June 2023 funding to expand its talent acquisition and product development.

## Funding rounds

- Seed, Jun 19, 2023, $1.1M — Gandel Invest, Apollo Crypto Management, Fork Ventures, Upside Dao, Comma3 Ventures, Greythorn Asset Management, Rebase D. Ventures

## Investors

- Gandel Invest — Seed
- Apollo Crypto Management — Seed
- Fork Ventures — Seed
- Upside Dao — Seed
- Comma3 Ventures (https://capitalatlas.ai/funds/comma3-ventures) — Seed
- Greythorn Asset Management — Seed
- Rebase D. Ventures (https://capitalatlas.ai/funds/rebase-d-ventures) — Seed