Vietnam-based venture investment management platform Wiziin has secured US$500,000 in pre-seed funding from an unnamed tech serial entrepreneur.
“The venture capital world has long adhered to traditional methods of funding and investing in startups. This funding will enable us to accelerate our next efforts in emerging blockchain technology to disrupt this industry and revolutionise how venture capital operates based on the tokenisation of assets, and smart contracts,” stated Co-founder Thong Dang.
Founded in 2020 by experienced venture capitalist Tien Nguyen and serial entrepreneur Dang, Wiziin aims to bridge the gap between investors and founders through its new blockchain-based platform.
It provides tech platforms specialising in data-driven solutions for startups and investors in capital raising, dealmaking, and co-invest monitoring. It has a network of over 200 investors, and over 5,000 companies have raised funding via the platform.
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Wiziin is creating a new investment platform named “Homerun.club”, which enables efficient co-investment in blockchain environments for professional individual investors. By eliminating intermediaries, this platform aims to democratise funding access, empower entrepreneurs globally, and attract a broader range of investors.
“While our platform operates in a decentralised manner, we still require users to verify their identity in order to comply with regulations and safeguard investor interests. This verification process effectively mitigates fraudulent activities and enhances the overall credibility of our platform,” explained Dang. “We are also actively seeking institutional funding later this year to further develop the platform. This will enable the fundraising process to become a collaborative effort between the project and its community, driving mutual growth and success.”
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The image used in this article is AI-generated.
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