Extended seed rounds may be the new trend in crypto fundraising

As crypto winter appears to thaw, investors and industry participants have begun to note interest in fundraising via extended seed rounds.

Seed extensions let startups access fresh investor capital without needing to meet Series A requirements, which grew more strict in the bear market, investors and founders say. 

The in-between funding rounds also let startup teams avoid diluting their equity as a potential bull market awaits. 

In the traditional VC world, a Series A tends to be the “first priced round” of a startup. Founders and investors formalize governance and preferred shareholder rights, according to Matt Luongo, CEO of venture capital firm Thesis*. 

However, this is not…

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