SID Venture Partners invests in Orderly Protocol
22 March, 2022, 13:46
The Ukrainian venture investment firm SID Venture Partners has invested in the Orderly Protocol project, based on the NEAR blockchain platform previously backed by the company.
- Orderly Protocol is a permissionless, decentralized exchange protocol and modular ecosystem built on NEAR, providing competitive solutions in terms of trading speed, market-leading order execution, and minimal fees than any current decentralized solution.
- NEAR Protocol is a blockchain platform that allows developers and entrepreneurs to create decentralized applications. SID invested in the company in March of this year.
- SID Venture Partners launched in December 2021. Its target fund size is $15 million. It focuses on technology startups at the early stages of financing (pre-seed, seed, Series A).
- The first startups invested by SID Venture Partners were V-Art, Awesomic.io, and Finmap.