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Xpring
investment firm
About
Xpring is a Ripple initiative that builds infrastructure
- San Francisco,California,United States
- https://xpring.co/
Highlights
Details
- Industries
- Blockchain
- Founded date
- Jan 1, 2018
- Operating Status
- Active
- Investor Type
- CVC
Xpring (pronounced “spring”) is a Ripple initiative that builds infrastructure and helps innovative blockchain projects grow through investments and partnerships. They are strongly focused on projects that build on and utilize XRP and the XRP Ledger.Their objective is to build a robust community of developers, entrepreneurs and companies who believe that blockchains, and the XRP Ledger in particular, will transform industries.
Investments
Number of Investments
Number of Lead Investments
17
6
Xpring has made 17 investments. Their most recent investment was on
Jul 25, 2021, when Puma Browser raised 0.
|
Date
Company Name
|
Round | Money Raised | Industry | Lead Investor |
|---|---|---|---|---|
|
Jul 25, 2021
Puma Browser
|
Seed | — | Blockchain | — |
|
Aug 6, 2020
XRPL Labs
|
Seed | — | Apps | Yes |
|
Jul 12, 2020
Securitize
|
Series A | $12.75M | Blockchain | — |
|
Nov 6, 2019
Flare Network
|
Series Unknown | — | Blockchain | Yes |
|
Oct 16, 2019
Towo Labs
|
Pre-seed | — | Information Technology | Yes |
Exits
Xpring has had 2 exits. Xpring most notable exits include BRD , Keyless
| Date | Company Name | Exit Type | Industry | |
|---|---|---|---|---|
| Nov 25, 2021 | BRD | M&A | Bitcoin | Detail |
| Nov 17, 2021 | Keyless | M&A | Biometrics | Detail |
Acquisition
Xpring has acquired 2 organizations. Their most recent acquisition was Logos Network on Sep 30, 2019. They acquired Logos Network for 0.
|
Date
Company Name
|
Industry | Acquisition Type | Price | |
|---|---|---|---|---|
|
Sep 30, 2019
|
Computer | acquisition | — | Detail |
|
Nov 6, 2019
Strata Labs
|
acquisition | — | Detail |
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