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Term Labs - Strategic
Overview
Funding Date
July 10, 2024
Financing amount
$5.5M
Valuation
--
Category
Subcategory
About Term Labs - Strategic
Term Finance completes $5.5 million strategic financing, led by Electric Capital, with participation from Arete Capital, Delta Blockchain Fund, Inception Capital, Blizzard Fund, Maelstrom and others. he funds raised will be used to grow the protocol as well as accelerate Term's roadmap to streamline borrowing and lending with features such as looping, passive lending, automations and real-time alerts.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Fund | United States of America | 2018 | 78 | -- | ||
| Fund | Unknown | 2024 | 1 | -- | ||
| Fund | United States of America | -- | 12 | -- | ||
| Fund | Unknown | -- | 9 | -- | ||
| Fund | -- | -- | 44 | -- | ||
| Fund | Unknown | -- | 24 | -- | ||
| Angel Investor | United States of America | -- | 13 | -- | ||
| Angel Investor | United States of America | -- | 8 | -- | ||
| Angel Investor | -- | -- | 2 | -- | ||
| Angel Investor | United Kingdom | -- | 11 | -- |
Founders & Team
Dion Chu
Billy Welch
Company Profile / Project Introduction
Term Labs is a blockchain research and development company founded by a team with deep traditional finance, big tech, and decentralized finance experience. Term Labs is dedicated to the development of robust, transparent, and scalable fixed-rate lending on blockchains.