Polygon raised $450 M in a round on 2022-02-06.

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POL
POL
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According to media reports, Polygon raised $450 M in a round on 2022-02-06.the investors in this funding round include Peak XV Partners,Dragonfly,Tiger Global,Republic Capital,Ryze Labs,CoinFund,Digital Currency Group,Seven Seven Six,Animoca Brands,USV and others. Following this round, Polygon's total funding reached $455 M.
Polygon is a decentralized Ethereum scaling platform that enables developers to build user-friendly, scalable dApps with low transaction fees without compromising security.

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POL Fundraising History
RoundAmountValuationTimeInvestor(s)
--$450 M--2022-02-06Peak XV Partners,Dragonfly,Tiger Global,Republic Capital,Ryze Labs,CoinFund,Digital Currency Group,Seven Seven Six,Animoca Brands,USV
Key Milestones
  • 2024-09-04
    MATIC tokens have been migrated to POL
  • 2023-11
    Polygon launches a $90 million ecosystem development fund.
  • 2022-02-07
    Polygon raised $ 450 M in OTC round
  • 2021-07-21
    Polygon Doubles Down on Gaming and NFTs with $100M Fund
  • 2021-02-10
    Matic Network rebranded to Polygon
  • 2020-05-31
    Polygon was live on mainnet
  • 2019-04-30
    Polygon completed a Seed round
  • 2019-04
    $POL was live for trading
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