Deals

Blockchain & Crypto March 25, 2022

Encode Club raises $5.5 million from crypto whales

Our venture capital team advised Encode Club as it raised $5.5 million on its journey to become the #1 hub for blockchain and crypto education.

The investment was led by crypto “whales” Galaxy and Lemniscap, with Dragonfly Ventures and other leading names in crypto also investing.

Notwithstanding the current turbulence in the crypto markets, there remains tremendous demand for the best coding and engineering talent for crypto projects and ventures.

Encode Club claims to have trained 15,000 developers in 2021, running workshops, bootcamps and hackathons online and in-person globally. Training is “chain agnostic”, available for a wide range of crypto programming languages.

This is another example of HLaw advising a game-changing venture right in the heart of the crypto and blockchain scene.

Anthony Beaumont of Encode Club commented, “Humphreys were excellent, patient and quick in dealing with our round. We would highly recommend them to others.

Humphreys Law

Deal/project: Bridge to series A

Date closed: March 2022

Space: Blockchain & Crypto

Other lawyers and advisors: Confidential

Total

$5.5 million

Invested