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Euler Motors Raises $2.5 Million In Funding

Mar 17, 2021over 4 years ago

Amount Raised

$2.5 Million

Round Type

seed

London

Description

The investment in Euler mark’s ADB Ventures’ first investment in the EV sector globally.

Company Information

Company

Euler

Location

London, Ontario, Canada

About

Founded by Michael Bentley, Jack Prior and Doug Hoyte, Euler provides a capital-efficient permissionless lending protocol that helps users to earn interest on their crypto assets or hedge against volatile markets without the need for a trusted third-party. London-based Euler is a DeFi lending protocol with reactive interest rates to address the long-tail of the crypto market.