On May 4, 2023, Portals raised $2 million in a Seed funding round led by Lightshift Capital

Portals raised $2 million in a Seed funding round led by Lightshift Capital with participation from Longhash Ventures, David Dias, Mechanism Capital, Daedalus Angel Syndicate, 0xMaki, Rudy Kadoch, Poolside, Basement Labs, Mathieu Baril, Emile Dubie, Owl.eth, and others.