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Kava Launches $185M Phase-1 Ecosystem Fund

Sep 22, 2021almost 4 years ago

Amount Raised

$185 Million

San Francisco

Description

Kava LabsTM, an open-source and non-custodial developer of financial products and services for decentralized finance (DeFi), announced the launch of a $185 million fund to cultivate best-in-class projects on the Kava Ecosystem.

Company Information

Company

Kava Labs

Location

San Francisco, California, United States

About

Kava Labs is the primary development team of the Kava Platform and its suite of products, which connect the world’s largest cryptocurrencies, ecosystems, and financial applications on DeFi’s most trusted, scalable, and secure earning platform. The mission of Kava Labs is to create a safe, accessible home for the next generation of decentralized finance (DeFi) users through a combination of powerful Layer-1 architecture, institutional-grade security, and user experience-driven design. To learn more about the Kava Ecosystem, please visit: https://bit.ly/Kava_Ecosystem To register your project, please visit: https://www.kava.io/ecosystem

Funding Insights

Based on industry data
Tech investment trends
83% of B2B companies plan digital investments, with 79% prioritizing customer experience tech