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  6. Foundry Digital Acquires Upstate Interactive

M&A Deal Summary

Foundry Digital Acquires Upstate Interactive

On April 27, 2022, Foundry Digital acquired information technology company Upstate Interactive

Acquisition Highlights
  • This is Foundry Digital’s 1st transaction in the Information Technology sector.
  • This is Foundry Digital’s 1st transaction in the United States.
  • This is Foundry Digital’s 1st transaction in New York.

M&A Deal Summary
Date 2022-04-27
Target Upstate Interactive
Sector Information Technology
Buyer(s) Foundry Digital
Deal Type Add-on Acquisition

Target

Upstate Interactive

Syracuse, New York, United States
Upstate Interactive is an operator of Web3 software development and consulting company focused on building a better world with decentralized technology. With experience in blockchain and custom software development, the versatile team builds distributed applications and smart contracts on Ethereum, supporting Defi, NFTs, DAOs, and diverse software projects for the modern enterprise. Upstate Interactive was founded in 2016 and is based in Syracuse, New York.

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Buyer(S) 1

Buyer

Foundry Digital

Rochester, New York, United States
Category Company
Founded 2019
Sector Financial Services
DESCRIPTION

Foundry Digital is a financing and advisory company focused on digital asset mining and staking. Foundry provides North American digital asset mining businesses with capital and intelligence. Foundry Digital was founded in 2019 and is based in Rochester, New York.

DEAL STATS #
Overall 1 of 1
Sector: Information Technology M&A 1 of 1
Type: Add-on Acquisition M&A Deals 1 of 1
State: New York M&A 1 of 1
Country: United States M&A 1 of 1
Year: 2022 M&A 1 of 1
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