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Portals raises US$2.5 million in seed financing and seed extension

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Overview

Client

Portal Technologies

On September 13, 2023, Portal Technologies (“Portals”), a decentralized finance (DeFi) protocol aggregator simplifying Web3 by consolidating DeFi actions, announced that it had secured US$2.5 million in seed financing, consisting of a US$2 million seed financing round and US$500,000 extension round.

Fasken acted for Portals with a team led by Will Shaw, including Evan Conover and Alec McIlwraith-Black.

Jurisdiction

  • Ontario

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Team

  • Will Shaw, Partner | Co-leader, Technology, Media and Telecommunications and Co-leader, Emerging Technology, Toronto, ON, +1 416 865 4554, wshaw@fasken.com
  • Evan Conover, Associate, Toronto, ON, +1 416 943 8974, econover@fasken.com
  • Alec McIlwraith-Black, Associate, Toronto, ON, +1 416 868 3468, amcIlwraith-black@fasken.com
Will Shaw Toronto Lawyer Will Shaw Partner | Co-leader, Technology, Media and Telecommunications and Co-leader, Emerging Technology Toronto, ON +1 416 865 4554
Evan Conover Toronto Lawyer Evan Conover Associate Toronto, ON +1 416 943 8974
Alec McIlwraith-Black Toronto Lawyer Alec McIlwraith-Black Associate Toronto, ON +1 416 868 3468