Composable Finance Closes $7 Million Funding Round with Strategic Investors
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 investing in the blockchain industry. Together these organizations used strategic investors to make this funding round a success. Onboarding these new investors 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 funding round was to obtain strategic investors 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 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 investors, Composable Finance is well positioned to continue growing and expanding their technology.
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