Today, Team ArGo, is extremely excited to announce the closing of our seed round of USD 1.3 million at a valuation of USD 12.5 Million from respected VCs in the industry & marquee Angel Investors.
We are thrilled to share the amazing list of strategic VCs who happily added us in their portfolios, including Ascensive Assets (round leader), Alpha chain, Onchain Capital, Moon Whale, Master Ventures, X21 Digital, Seven X & Innovion. We are overwhelmed with the support extended to us by our Angels, namely, Aniket Jindal (Bioconomy), Mohak Agarwal ( Claystack). Ajit Kumar Tripathi (AAVE), Prateek Jain (BlockOG Capital), Ravinder Kumar (Frontier), Tamar Menteshashvili (Solana Labs) & Siddharth Jain.
This wouldn’t have been possible without the initial belief of Arweave & 1kx, who have been with us from the start!
Since January 2021, we have moved closer to realizing our mission to bring the power of the internet back to the people — a decentralized web of connectivity that is free of censorship, lost data, and the interference of corporations and government.
The journey with ArGo started during the Arweave Fellowship Program where we undertook the creation of a blockchain-based front end web app deployment system and hurried to make sure that we were able to share a minimum viable product for the initial consideration. Our initial launch resulted in good traction and we decided to go ahead, and validate our Idea. Our Idea was accepted in the Gitcoin grant where we received great support from the community as well.
Today, we welcome our investors into our family to join our quest to offer a decentralized, uncensored, and permanent hosting platform for businesses and ideas on the internet with 100% uptime, one time pricing and global scale up with just a few clicks.
“We aim to become an infrastructure aggregator which will help developers & make enterprise on-boarding friction-less, in a decentralized ecosystem.”
With the new round of funding, we plan to upgrade our efforts into development, marketing and giving back to the ecosystem that stood for us.
We welcome everyone to join us in this journey who would like to help us develop the product & bridge the gap between web 2.0 and web 3.0!
Join our Telegram channel: https://t.me/argoofficial
Join our Discord group: https://discord.gg/46XgDjKzH2
Follow us on Twitter: https://twitter.com/argoapplive
Follow us on LinkedIn: https://www.linkedin.com/company/argoapp