OrbitAID and Torram Secure Pre-Seed Funding: Emerging Industries and Investor Insights
In this episode, Michelle welcomes listeners to The Seed Investor Daily Brief, offering key updates on Seed funding and emerging industries. The episode highlights OrbitAID's successful $1.5 million Pre-Seed round and outlines their future plans. Michelle also discusses Unicorn India Ventures' involvement and introduces the SIDRP initiative. The focus then shifts to Torram, celebrating their $710,000 Pre-Seed funding success and discussing their mission. Insights are provided into Torram's Bitcoin-native toolkit and their vision for stablecoins. The episode concludes with a wrap-up and a reminder for listeners to follow the podcast for the latest updates on Seed funding and startup news.
Key Points
- OrbitAID, an aerospace startup, raised $1.5 million in a Pre-Seed round to advance sustainable space operations, with significant support from Unicorn India Ventures and the Tamil Nadu Startup and Innovation Mission.
- Torram, a Web2.5 infrastructure company, closed a $710,000 pre-seed round to develop institutional-grade decentralized finance infrastructure on Bitcoin, attracting high-profile investors like Draper Associates and Blockchain Founders Fund.
- Torram's innovative technology includes a decentralized oracle network and decentralized application programming interfaces, aiming to bridge traditional finance with decentralized networks and support over forty projects awaiting integration.
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Transcript
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