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Ammalgam - Seed
Overview
Funding Date
September 11, 2024
Financing amount
$2.5M
Valuation
--
Category
Subcategory
About Ammalgam - Seed
Ammalgam, a decentralized lending exchange (DLEX), announced the close of a $2.5 million seed round co-led by Faction VC and Framework Ventures with additional participation from Robot Ventures, Bodhi Ventures, NGC Ventures, Dewhales, Blockchain Founders Fund and angels including Kain Warwick, Anton Bukov, Spencer Noon, and Jordi Alexander.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2022 | 19 | -- | ||
| Fund | Canada | 2019 | 96 | [email protected] | ||
| Fund | United States of America | 2019 | 115 | [email protected] | ||
| Corporate | Unknown | -- | 8 | -- | ||
| Fund | Singapore | 2017 | 197 | [email protected] | ||
| Fund | Unknown | 2023 | 13 | [email protected] | ||
| Fund | Singapore | 2018 | 48 | [email protected] | ||
| Angel Investor | Australia | -- | 33 | -- | ||
| Angel Investor | Netherlands | -- | 16 | -- | ||
| Angel Investor | United States of America | -- | 8 | -- |
Company Profile / Project Introduction
Ammalgam unleashes more DeFi by combining lending and trading into one protocol. This combination composes yield sources, simultaneously improving capital efficiency and unlocking unlimited strategies for market makers. Permission-less pairwise lending empowers traders to short anything, taking DeFi beyond what has been possible before.