Morrison Foerster advised Mesh, a crypto infrastructure provider that makes payments and deposits seamless, on a new investment by QuantumLight, a global AI-driven venture capital and growth equity firm. The investment values Mesh at triple the pre-money valuation of its Series A.
Founded in 2020 by a team of cyber security and crypto experts, Mesh is solving crypto's fragmentation problem by offering a connected and embedded experience for exchanges, wallets, and payment providers. The recent surge of integrations has made Mesh available to millions of crypto users across the world as the company has amassed seamless connections to over 300 platforms for hundreds of customers and support for more than 40 tokens across multiple networks.
The MoFo team was led by Palo Alto corporate partner Jim Ryan and associate Ophir Gam.
Read the press release.