Igloo, Inc. is a collection of crypto-native companies based in Miami, FL, and the parent company of Pudgy Penguins. Founded in 2024, its portfolio includes Pudgy Penguins®, Pudgy World™, OverpassIP™, and other crypto-native products and platforms. The company raised more than $11M in funding to support its next phase of development. Igloo intends to use the proceeds to establish Cube Labs, a new venture under the Igloo banner to lead blockchain research and technology development. Cube Labs will oversee and contribute to the development of Abstract, a consumer-focused blockchain empowered by ZK cryptography. Abstract aims to drive mass adoption of crypto by pioneering culture, community, and creativity onchain while leveraging ZK Stack and EigenDA to provide cheap, fast, and secure transactions.

Total raised

$11M

Funding rounds

1

Latest round

Equity

Latest activity

Jul 2024