Composable Finance Closes $7 Million Funding Round with Strategic Supporters
Disclaimer: Information as of Jun 1, 2023. For the most recent updates, dive into our comprehensive documentation here.
The most recent round of funding for Composable Finance has officially closed, raising a total of $7 million. This is an incredible step for the company, pushing it into the future and towards new advancements. Leading this round were Advanced Blockchain AG and Rarestone Capital, both of which are key venture capitalists supporting innovators in the blockchain industry. Together these organizations used strategic partners to make this round a success. Onboarding these new supporters into the fold will play a key role in the future of the company. Other participants include Divergence Ventures, New Form Capital, DFG, Maven 11, 4SV, Hypersphere Ventures, Blockchain Capital, PNYX Ventures, CMS Holdings, Alameda Research, SOSV, Spartan Group, LedgerPrime, LongHash Ventures, Cluster, Dlab and Pluto Digital Assets, all of whom were pivotal to the funding mission.
The goal of this round was to obtain strategic partners and supporters to help continue the growth of Composable Finance. These significant players in the blockchain industry will be able to assist with the development and expansion of the company, as venture building in the blockchain is their shared area of expertise. These organizations will also play an important role in the adoption of the technology we are building in the Ethereum ecosystem, due to their existing reputations, resources, and industry connections.
With new funding as well as skilled and strategic supporters and partners, Composable Finance is well positioned to continue growing and expanding its technology.
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