DeFli develops hardware devices that operate within a tokenized ecosystem and an L3 blockchain and node network designed specifically to handle time-series data with FFX encryption. The company plans to manufacture 28,000 devices that will be available for purchase and hosting by the public from May 2024. Proceeds from the announced Series A will also be committed to continued development of the L3 chain and node infrastructure. The funding round included both traditional and crypto-native instruments and incorporated token pre‑sales and SAFE conversion. The round converted prior SAFE funding at 3% of total equity and establishes stronger governance links with investors via board and foundation nominations. Custodial arrangements for one Gnosis Safe signatory wallet were also agreed with the lead investor.

Total raised

$23M

Funding rounds

3

Latest round

Debt Financing

Latest activity

Apr 2024