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      VycoLend's Logo

      VycoLend - Seed

      Overview Investors Founders Company Profile / Project Introduction

      Overview

      Funding Date

      April 17, 2023

      Financing amount

      $0.5M

      Valuation

      --

      Category

      DeFi

      About VycoLend - Seed

      Crypto DeFi startup VycoLend has recently closed a successful $0.5 million fundraising seed round ahead of its beta launch. The funding was led by Aura Ventures, with participation from Lumina Capital and Cardinia Ventures, among other notable VC firms and angel investors in the web3 and web2 industries. The seed round funding will be used to accelerate Vyco's development, expand its team and scale its operations to meet the increasing demand for its services.

      Investors

      InvestorsTypeLocationYear Founded#Portfolio CompaniesEmail AddressSocials
      Fund Australia 2013 2 --
      Corporate Brazil 2022 1 --
      Fund Australia 2016 1 --

      Founders & Team

      Eloy M. Thornton's Logo

      Eloy M. Thornton

      Company Profile / Project Introduction

      VycoLend is a decentralized, transparent and non-custodial lending protocol built for layer2 chains where users can participate as lenders or borrowers in isolated lending pools. In the early stage, VycoLend aims to build high-velocity markets for more traditional crypto-asset lending services; with one unified margin account, users can earn interest on deposits and borrow from shared liquidity pools against collateral. In the later stage, VycoLend's mission is to make institutional-grade financial products and services typically focused on organizations or high-net-worth individuals. 

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      *Fundraising Announcement: Click here