logo
logo

Ex-Copper Executive’s Rho Labs Raises $2.2M To Launch Decentralised Trading Platform

Nov 16, 2023•over 1 year ago

Amount Raised

$2.2 Million

Round Type

seed

LondonCryptocurrencyBlockchainFintechFinancial Services

Investors

Dmitry Tokarev, Ceo Of Copper.CoDaedalus CollectiveRe7 CapitalKeyrockSpeedinvest

Description

London-based Rho Labs has emerged out of stealth $2.2 million in pre-seed funding. The round was led by Speedinvest (which backed Purpose Green, Resourcify, and Sylvera) alongside participation from Keyrock, Re7 Capital, Daedalus Collective, and Dmitry Tokarev, CEO of Copper.co, among others. 

Company Information

Company

Rho Labs

Location

London, England, United Kingdom

About

Rho is the first institutional grade on-chain rates market Rho enables non-custodial on-chain trading of crypto-native and TradFi interest rates. Custom-built for rates, with pro traders in mind.

Funding Insights

Based on industry data
VC-backed spending patterns
VC-backed companies spend 89% more on sales and 100% more on marketing than bootstrapped peers

Related People