Primus raises $3.5m in latest seed funding round

The new funding will scale its operations and expand its team with additional cryptographers and developers.

Cryptographic solutions provider Primus has announced a successful seed funding round, raising $3.5m.

The funding was co-led by Dispersion and Symbolic Capital, with additional support from investors such as VanEck Ventures, Stanford Blockchain Builders Fund, and Samsung Next.

This brings the company’s total funding to $6.5m, following an earlier $3m pre-seed round in April 2023.

The new funding will allow Primus to scale its operations, expand its team with additional cryptographers and developers, and enhance its technology stack to improve user accessibility.