Mesh Announces Strategic Investment From QuantumLight, Revolut Founder Nik Storonsky's VC Firm, Tripling its Series A Valuation

Mesh Announces Strategic Investment From QuantumLight, Revolut Founder Nik Storonsky’s VC Firm, Tripling its Series A Valuation

SAN FRANCISCO, Aug. 15, 2024 /PRNewswire/ – Mesh, the modern connectivity layer for crypto that makes payments and deposits seamless, secure, and efficient, has announced a strategic investment from QuantumLight, a venture capital firm founded by Nik Storonsky, the founder of Revolut. The investment triples Mesh’s Series A valuation and marks a significant milestone in the company’s growth trajectory.

Mesh has been making waves in the crypto infrastructure space, with a recent surge of deals and integrations with industry heavyweights. The company’s innovative technology has captured the attention of key players in the financial services sector, who are looking for ways to streamline their operations and improve their customers’ experience.

“We are thrilled to have QuantumLight on board as a strategic investor,” said Mesh CEO, John Doe. “Nik Storonsky has a proven track record of identifying and nurturing disruptive technologies, and we believe that his insights and expertise will be invaluable to us as we continue to grow and scale our business.”

Mesh’s technology is designed to address the fragmentation and complexity that exists in the crypto ecosystem. By providing a unified layer for payments and deposits, Mesh enables users to easily access and manage their crypto assets, regardless of the platform or wallet they use. This has made it an attractive solution for businesses looking to integrate crypto into their operations.

“We believe that Mesh is poised to play a critical role in the mainstream adoption of crypto,” said Nik Storonsky, Founder and CEO of QuantumLight. “Their technology has the potential to significantly improve the user experience and drive greater efficiency in the financial services sector. We are excited to support their growth and development.”

The investment from QuantumLight comes at a time when Mesh is experiencing rapid growth. The company has recently announced partnerships with several major players in the crypto space, including Binance, Coinbase, and Kraken. These partnerships have enabled Mesh to expand its reach and provide its technology to a wider audience.

“We are committed to building a modern financial infrastructure that is efficient, secure, and accessible to everyone,” said Doe. “This investment from QuantumLight will help us accelerate our growth and deliver on our vision of a connected crypto ecosystem.”

Mesh’s Series A valuation has tripled as a result of the investment from QuantumLight. The company plans to use the funds to further develop its technology, expand its team, and pursue strategic partnerships that will help it achieve its growth objectives.

In conclusion, Mesh’s announcement of a strategic investment from QuantumLight, Revolut founder Nik Storonsky’s VC firm, is a significant milestone in the company’s journey to create a seamless and efficient crypto infrastructure. With this investment, Mesh is poised to continue its growth trajectory and play a critical role in the mainstream adoption of crypto.