Soarchain raised $4 M in a new round of funding on 2024-12-10.

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According to media reports, Soarchain raised $4 M in a new round of funding on 2024-12-10. the investors in this funding round include Taisu Ventures,Cogitent Ventures,Hyperithm,Chorus One,Blockbuilders,Plug and Play,Elevate Ventures,Alpha Ventures,QC Ventures,EvoLabs and others. Following this round, Soarchain's total funding reached $4 M.
Soarchain is a sovereign app chain that enables token-incentivized data and connectivity infrastructure for vehicles. It gives vehicles the ability to collect and communicate data from their surroundings, making cities safer, smarter, and more autonomous. Developers and data consumers can use the car-generated data from car owners to create apps and services on a reliable and open platform, reducing the cost of providing users with better goods and services.

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SOAR Fundraising History
RoundAmountValuationTimeInvestor(s)
--$4 M--2024-12-10Taisu Ventures,Cogitent Ventures,Hyperithm,Chorus One,Blockbuilders,Plug and Play,Elevate Ventures,Alpha Ventures,QC Ventures,EvoLabs
Key Milestones
  • 2024-12-11
    $SOAR was live for trading
  • 2024-12-11
    Soarchain raised $ 4.5 M in funding round
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