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Xpring

investment firm

About

Xpring is a Ripple initiative that builds infrastructure

Details

Industries
Blockchain
Founded date
Jan 1, 2018
Operating Status
Active
Investor Type
CVC

Xpring (pronounced “spring”) is a Ripple initiative that builds infrastructure and helps innovative blockchain projects grow through investments and partnerships. They are strongly focused on projects that build on and utilize XRP and the XRP Ledger.Their objective is to build a robust community of developers, entrepreneurs and companies who believe that blockchains, and the XRP Ledger in particular, will transform industries.

Investments

Number of Investments
Number of Lead Investments
17
6
Xpring has made 17 investments. Their most recent investment was on Jul 25, 2021, when Puma Browser raised 0.
Date Company Name
Round Money Raised Industry Lead Investor
Jul 25, 2021 Puma Browser
Seed Blockchain
Aug 6, 2020 XRPL Labs
Seed Apps Yes
Jul 12, 2020 Securitize
Series A $12.75M Blockchain
Nov 6, 2019 Flare Network
Series Unknown Blockchain Yes
Oct 16, 2019 Towo Labs
Pre-seed Information Technology Yes

Exits

Xpring has had 2 exits. Xpring most notable exits include BRD ,   Keyless

Date Company Name Exit Type Industry
Nov 25, 2021 BRD M&A Bitcoin Detail
Nov 17, 2021 Keyless M&A Biometrics Detail

Acquisition

Xpring has acquired 2 organizations. Their most recent acquisition was Logos Network on Sep 30, 2019. They acquired Logos Network for 0.

Date Company Name
Industry Acquisition Type Price
Sep 30, 2019 Logos Network
Computer acquisition Detail
Nov 6, 2019 Strata Labs
acquisition Detail