Series A · Fintech · Zug, Switzerland · Founded 2017 · 201–500 employees
Tangem AG is a Swiss-based technology company that designs and develops secure, card-shaped cryptocurrency hardware wallets including the Tangem Wallet, Tangem Pay, and the Tangem Ring. The startup specializes in NFC-enabled, smartcard-based hardware cold wallets utilizing highly secure microchips developed with Samsung Semiconductors. In May 2023, the company raised an $8 million Series A funding round led by Shima Capital to expand its product line. This round follows a previous $15 million priced equity round led by SBI Crypto Investment in January 2019, bringing the company's total funding to $23 million. Tangem's unique technology allows users to manage, swap, and transact thousands of digital assets seamlessly without requiring complicated backups, seed phrases, or cables.
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