Parasail

Parasail

Unifying Trust Layer for DePIN

About Parasail

Founded

2024

Community

Repl is a repledging Protocol for pledged DePIN assets. It aims to enhance the efficiency of locked DePIN tokens, remove idiosyncratic risks among DePIN service providers, and lower the complexity for people to earn DePIN protocol rewards.

Investors

Protocol LabsProtocol Labs
MH VenturesMH Ventures
Fenbushi CapitalFenbushi Capital
Foresight VenturesForesight Ventures
Waterdrip CapitalWaterdrip Capital
DWF LabsDWF Labs
D11 LabsD11 Labs
Bitrise CapitalBitrise Capital
Modular CapitalModular Capital
Faculty GroupFaculty Group
AGE CryptoAGE Crypto
EV3EV3

Fundrasing details

Funding RoundAmountValuation
Date
Investors
Seed
$4.00M
$50.00M
2024-05-27
Protocol LabsProtocol Labs*
MH VenturesMH Ventures
+ 10