SCOOP: Ngrave looks to raise $15 million Series A at $60 million pre-money valuation by Yogita_Khatri5
Crypto hardware wallet maker Ngrave is aiming to raise $15 million in Series A funding, according to a pitch deck obtained by The Block.
Binance Labs is leading the round, a source with direct knowledge of the matter said, adding that the pre-money valuation of the round was $60 million. Binance first Ngrave projects its sales to reach $400 million in 2026 in a"realistic scenario," according to the deck, and it aims to protect 500 million users by 2032.
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