Lantern Finance raised over $1 million in a pre-seed round led by a diverse group of institutional and angel investors to advance its crypto-backed lending platform.
Feb 28, 2025•5 months ago
Amount Raised
$1 Million
Round Type
pre-seed
Investors
Andover VenturesSupermoon VenturesOrange Dao
Description
Lantern Finance announced the successful close of its oversubscribed pre-seed financing round. The funding aims to enhance the development of their crypto-backed lending platform for US-based investors.
Funding Insights
Based on industry dataVC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers