NGRAVE has positioned itself as the “Coldest” crypto hardware wallet providerr. The company’s strong focus on security and the user experience has attracted attention from investors worldwide. The $6 million seed round fundraise will help the company enhance its product and solidify its market position.
NGRAVE Improves Crypto Storage Solutions
Many companies provide support for crypto storage through what is known as “hardware wallets. However, there is always room for future improvements, and NGRAVE specializes in enhancing the security and user experience. The company has the most secure financial product, which achieved the EAL7 security certification. Its “Coldest” wallet is more secure than any of the current bank or crypto custody solutions. Moreover, NGRAVE beats renowned competitions like Ledger and Trezor for EAL security certification.
With $6 million in seed funding secured, investors confirm NGRAVE’s vision for more secure crypto storage solutions. Renowned Web3 and DeFi investors contributed, including Woodstock Fund, Morningstar Ventures, Spark Digital Capital, and multiple private C-level angel investors.
The funds will help the team grow and increase its global presence. Moreover, the NGRAVE wallet is currently sold out due to overwhelming demand, although a Lista de așteptare is available. A limited second run of hardware units will go out to waitlist users in early 2022.
Woodstock Fund Founding Partner Himanshu Yadav states:
„Când reuniți cei mai buni antreprenori, inovatori, oameni de știință și experți în afaceri din lume pentru a rezolva o problemă crucială în spațiul activelor digitale, creați cel mai sigur produs pentru milioane de utilizatori și mii de întreprinderi. Acesta este ceea ce înseamnă NGRAVE și de ce este o investiție simplă pentru noi.”
Since launching the most successful crypto wallet pre-order campaign on IndieGogo and Kickstarter, the company has noted ongoing growth and success. Raising $450,000 from 1,225 backers was an integral first step for NGRAVE, paving the way for winning the AIBC Summit 2021 crypto wallet of the year award. In addition, the team was praised for its top-notch security without sacrificing the user experience front.
Secure Crypto Storage Demand Continues To Swell
The product launch of NGRAVE’s “Coldest” wallet has yielded strong sales across 90 countries. Establishing a global presence in this space is crucial, especially with cryptocurrency adoption becoming more mainstream in 2021 and beyond. NGRAVE will establish hubs worldwide to strengthen its global branding and presence. The success of this company is remarkable for another reason, as NGRAVE was founded during the crypto winter of 2018-early 2020.
NGRAVE CEO and Co-founder Ruben Merre states:
„După ce am experimentat noi înșine cripto-hack-uri, ne-am propus să oferim comunității criptomonede confortul de securitate pe care îl merită. De aceea am inovat la extrem atât în ceea ce privește securitatea, cât și experiența utilizatorului. Această rundă de început reprezintă startul pentru etapa noastră de creștere exponențială și, cu sprijinul mai multor investitori strategici, suntem încrezători că 2022 va fi un an revoluționar pentru NGRAVE.”
The three-tiered solution by NGRAVE consists of an offline touch-screen hardware wallet, a stainless steel encrypted backup solution, and a convenient mobile app. Together, ZERO, GRAFEN, și LICHID form the cornerstone of the NGRAVE product suite. Each tool is designed to provide the most optimal security and best user experience for novice and advanced enthusiasts alike.
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Source: https://cryptodaily.co.uk/2022/01/most-secure-self-custody-crypto-wallet-provider-ngrave-raises-dollar6-million-in-seed-funding