# Mina backers and investors

**Published by:** [cryptotyger.eth](https://paragraph.com/@cryptotyger/)
**Published on:** 2023-03-17
**URL:** https://paragraph.com/@cryptotyger/mina-backers-and-investors

## Content

Since its development in June 2017, Mina’s development team O(1) LabsThree rounds of financing have been completed, totaling $29.4 million. In May 2018, MINA raised 3.5 million seed rounds, which were sold for $0.07 and had an 18-month lock-up period. In April 2019, MINA closed A $15 million Series A funding round, which was sold for $0.15 in tokens, again with an 18-month lock-up period. By October 2020, MINA had completed a $10.9 million strategic financing, which was unlocked in two ways: 52% of the $0.15 tokens had an 18-month lockup period (about 28.63 million tokens); The $0.25 token was unlocked at the same time as the community sale, on May 31, accounting for 48% (26.42 million tokens). There are many participating institutions and institutions, including Polychain, Paradigm, Coinbase Ventures, and other well-known institutions. Project consultants include Coinlist’s CEO&NBSP.

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