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Magic

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Blockchain Infrastructure

Status

Magic Funding Insights

Discover fundraising information: Funding Rounds, return on investment (ROI), prices of investors, and funds raised by Magic . Review the white paper, team, and financial overview.

Fundraising Info

Total Raised

$ 83.00M

Valuation

$ 500.00M

Tokenomics

Token allocation

Funding Rounds

Strategic

31 May 2023

Valuation$ 500M

Raised

$ 52.00M

Investors:

PayPal Ventures

Volt Capital

Northzone

Cherubic Ventures

Synchrony Ventures

Series A

22 Jul 2021

Raised

$ 27.00M

Investors:

Northzone

Balaji Srinivasan

Digital Currency Group (DCG)

CoinFund

Tiger Global Management

Volt Capital

+11

Seed

29 May 2020

Raised

$ 4.00M

Investors:

Placeholder Ventures

Lightspeed Venture Partners

Volt Capital

SV Angel

Social Capital

Unusual Ventures

Magic Investors and Backers

Name	Tier	Type
Balaji Srinivasan	1	Angel Investor
Digital Currency Group (DCG)	2	Venture
CoinFund	2	Venture
Lightspeed Venture Partners	2	Venture
Tiger Global Management	2	Venture
Placeholder Ventures Lead	3	Venture
PayPal Ventures Lead	3	Venture
SV Angel	3	Venture
Volt Capital	3	Venture
Scott Belsky	3	Angel Investor