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New Vector scores $8.5M to plug more users into its open, decentralized messaging Matrix

New Vector scores $8.5M to plug more users into its open, decentralized messaging Matrix

New Vector, a European startup founded in 2017 by the creators of an open, decentralized communications standard called Matrix to drive adoption and grow an ecosystem around an alternative messaging protocol for instant messaging and VoIP apps, has raised an $8.5 million Series A funding round. Investors in New Vector's Series A round include enterprise tech specialists Notion Capital and Dawn Capital, along with European seed fund Firstminute Capital.