LemonRocks Secures $750k Seed Funding, Hits $8M Valuation

United States, 25th Jun 2024, King NewsWireBased in Delaware, LemonRocks, a data-driven startup and venture capital (VC) platform, has successfully completed its initial funding round, securing $750,000 and achieving a valuation of $8 million. The round saw participation from a diverse group of global and local investors, including H2O Ventures from Turkey, Storm Global from Switzerland, and additional investors from the United Kingdom and the United States. This funding will accelerate LemonRocks’ expansion into global markets and enhance its capability to develop innovative products and offer comprehensive data solutions.

LemonRocks Secures $750k Seed Funding, Hits $8M Valuation

Founded at the end of 2023, LemonRocks aims to become a significant data provider for startups and VCs, akin to platforms like Crunchbase and PitchBook. It also offers web3 data and plans to initiate matchmaking within the web3 industry first. LemonRocks strives to find faster and more relevant data compared to its competitors, ensuring that it provides investors with critically accurate information. The company’s notable partnerships with industry giants such as DWF Labs and Ava Labs underscore its growing influence. LemonRocks is gearing up to introduce its web3 and dApp activities with community participation beginning in July.

LemonRocks’ founder, Yusuf Berkan Altun, a Swiss-born former Forbes technology writer with two successful exits, leads the company. Emir Ünlütürk directs LemonRocks’ artificial intelligence functions, while CTO Tezcan Turasan brings extensive experience in web3 integrations and innovative projects in the sector.

Truman So, a consultant for LemonRocks and former employee at Crunchbase and Apple, expressed his enthusiasm: “I believe in LemonRocks’ potential and am thrilled to be part of this journey.”

Pending final decisions, LemonRocks is considering the potential to launch a campaign on a well-known crowdfunding platform, aiming to offer a small portion to retail investors.

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