Lygon

FUNDED APRIL 2022

Techboard's monthly roundup cataloguing April 2022 Australian startup funding: megadeals, seed rounds, grants and crowdfunding, nine acquisitions, several ASX listings, and venture firms' fund news.

Web3: A Transformative And Disruptive Multi-Trillion-Dollar Opportunity

Aura Ventures maps the Web3 ecosystem, separating private blockchains from four public layers, and argues genuine value will migrate to scaling and application layers, citing its portfolio firm Lygon and Australian protocol Synthetix.

Aura Venture Fund II leads Pre-Series A in blockchain-based platform, Lygon

Aura Ventures led a A$5 million pre-Series A round in blockchain fintech Lygon, joined by ANZ and CBA, marking the second deal from Aura Venture Fund II, which first closed in December 2020.

Also Aura Ventures·Aura Group portfolio·Startup Daily

Lygon launches ‘first industry standardised digital bank guarantee’ alongside blockchain first