OnchainLabs, a Zurich, Switzerland-based Web3 tech company, has closed CHF 5 million in seed funding round.
Investors
The round included prominent German investors such as serial entrepreneur Jochen Roeser, founder of Adesso Prof. Dr. Volker Gruhn, and FC Barcelona football star Ilkay Gündogan.
OnchainLabs Use of Funds
The recent seed round will fuel the company's growth as it relocates to the heart of Switzerland's blockchain hub in Zug.
About OnchainLabs
Founded by Naemi Hügli, Tobias Schneider, and Florian Ehrbar, OnchainLabs offers a scalable Web3 Software-as-a-Service solution designed to make blockchain technology more accessible for brands and businesses. Their recently announced Onchain Gateway wallet is a non-custodial digital wallet that simplifies digital asset management, making it accessible for users new to blockchain technology. The company is focused on enhancing user engagement with solutions like tokenized loyalty programs, exclusive access, and digital twins for physical assets.
Funding Details
Company: OnchainLabs AG
Raised: CHF 5.0M
Round: Seed Round
Funding Month: August 2024
Investors: Jochen Roeser, Prof. Dr. Volker Gruhn, Ilkay Gündogan
Company Website: https://www.onchainlabs.ch/
Software Category: Web3 Solutions
Source: Melih Ergundogdu, OnchainLabs, Head of Community and Social Media