Funding daily

A16z Leads Mem in $3.1 Million Funding Round

What is Mem and what does it do?

Mem is a Social Media Protocol, with Web 3 tools it aims to give individuals more control over their personal data.

Who founded Mem?

The company was founded in San Francisco earlier this year by Abhi Vyas.

How much has Mem raised?

$3,1 million. The valuation was not made public. 

Who has invested in Mem? 

The new round was led by Andreessen Horowitz’ a16z.

What domain name does Mem operate on?

Mem Protocol operates on Mem.co. .Co domain name extension was originally registered for Columbia. Its been later transformed to cc generic TLD name. Mem protocol’s exact brand match, Mem.com, has been a place of remembrance for late relatives since 1998, it stands for Making Everlasting Memories.

Related Articles

Advertisement

ArnaudJRPB

Born in Paris a long time ago, fmr investment banker turned novelist, professional Twitter scroller, avid news reader/writer.
Back to top button