VirgoCX

VirgoCX in connection with Virgo Group’s $10 million Series A financing round

Client

VirgoCX

Value

$10 million

Service

Emerging and High Growth Companies

Date Closed

June 2022

Industry

Technology

Lead Office

Toronto

 

On June 8, 2022, Virgo Group, the parent company of VirgoCX, announced it had completed its $10 million Series A financing round led by Draper Dragon and saw participation from Blockdream Ventures, Cobo Ventures, Molecular Group, Sora Ventures, and How Link Investment. Virgo Group will use this all-equity financing for the growth of all of its companies, including VirgoCX as well as assist in launching an NFT Web3 Liquidity Aggregator to help users instantly complete the sale of their NFTs at competitive prices.

VirgoCX is a Toronto-based cryptocurrency company that allows people to buy and sell cryptocurrency.

Osler, Hoskin & Harcourt LLP advised VirgoCX with a team consisting of André Perey, Jeremy Lin, Dhananjay Ghildyal (Emerging and High Growth Companies) and Michael Sproule (Corporate).