Delphia

Delphia in its US$60 million Series A financing round

Client

Delphia

Value

US$60 million

Service

Emerging and High Growth Companies

Date Closed

June 2022

Industry

Technology

Lead Office

Toronto

 

On June 8, 2022, Delphia announced it had completed its US$60 million Series A financing round led by Multicoin Capital with additional participation from Ribbit Capital, FTX Ventures, Valor Equity Partners, FJ Labs, Lattice Ventures, Cumberland and M13. Delphia will use the funds to launch its native rewards token, increase the number of ways users can contribute data, and expand its headcount globally.

Delphia is building the world's first investment adviser that allows people to invest their data alongside their money in order to improve their investment returns.

Osler, Hoskin & Harcourt LLP advised Delphia with a team consisting of Chad Bayne, David Jamieson, Mihnea Horatiu Porime, Ferial Fekri and Handi Xu (Emerging and High Growth Companies).