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Multi-Chain Defi Aggregator Ariadne Announces $835,000 Raise And Upcoming Ido

Nov 05, 2021over 3 years ago

Amount Raised

$835,000

Round Type

seed

London

Description

Ariadne, a multi-chain aggregator and para-token powered dashboard to move assets cheaper and faster across blockchains, has closed $835,000 in funding. Participating investors include LedgerPrime, Impossible Finance, Rarestone Capital, D1 Ventures, Incuba Alpha, Genesis Block Ventures, Supernova, Exnetwork, Parsiq, and more. Angel investors in the round include Darren Lau, Sandeep Nailwal, Santiago Santos, Fabien Marino from Snapshot, and Nick Chong from Parafi.

Company Information

Company

Ariadne

Location

London, Ontario, Canada

About

The company received previous seed funding from Supernova, ExNetwork, Black Unicorn, Spark Network, Tritium Ventures, Parsiq and Legion Ventures. Ariadne enables users of any supported chain to enter/exit yield farms on a multitude of blockchains, with virtually no lower limit of investment, and without having to deal with bridges, swaps and slippage, transaction costs on receiving blockchains etc. Ariadne is currently available on multiple testnets and will soon be deployed on Polygon, BSC, ETH, and Aurora (NEAR). About Ariadne Ariadne is a cross-chain DeFi marketplace that is lowering the fees to enter/exit farms on multiple blockchains and saves swaps and bridges costs for both EVM and non-EVM chains.

FundzWatch™ Score

68
Medium Activity

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