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Element Ventures leads funding round for Januar

Januar, a financial infrastructure partner for crypto businesses, has secured 6 million euros in funding.

Januar, a financial infrastructure partner for crypto businesses, has secured 6 million euros in funding. Element Ventures led the round.

PRESS RELEASE

COPENHAGEN, DENMARK | THURSDAY MAY 5TH, 2022 – Januar ApS (januar.com) has closed the largest seed round in Danish history, a historic €6 million round led by Element Ventures, with participation from Angular Ventures, Outward VC, and early pre-seed backers byFounders.

The round also includes well-renowned angel investors including Nicolas Julia, co-founder and CEO of Sorare, Charlie Songhurst, former Head of Strategy at Microsoft, Pierre-Antoine Pierre, CEO and Founder IBanFirst, Jørgen Horwitz, former Director of Finansrådet as well as Einar Braathen from CoinFund.

With the proceeds from the seed round, Januar aims to become the leading one-stop crypto gate for European businesses, serving the growing crypto and digital asset industry with a market cap of $2 trillion. The company is on a mission to support a more open and collaborative financial system based on decentralized technology by offering fiat-to-crypto rails as a service.