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Velar - Undisclosed
Overview
Funding Date
February 1, 2024
Financing amount
$3.5M
Valuation
--
Category
About Velar - Undisclosed
Velar has raised $3.5 million in funding round led by Bitcoin Startup Lab, CMS Holdings, Black Edge Capital, GBV, Cypher Capital, Trust Machines SPV, Transform Capital, Mapleblock, and Samara Asset Group.
Investors
| Investors | Type | Location | Year Founded | #Portfolio Companies | Email Address | Socials |
|---|---|---|---|---|---|---|
| Lab | Unknown | 2022 | 4 | -- | ||
| Fund | United States of America | 2019 | 164 | [email protected] | ||
| Fund | Hong Kong | 2020 | 111 | [email protected] | ||
| Fund | United Arab Emirates | 2022 | 47 | -- | ||
| Corporate | United States of America | 2022 | 5 | -- | ||
| Uncategorized | Unknown | -- | 2 | -- | ||
| Fund | -- | 2021 | 25 | -- | ||
| Fund | Singapore | 2018 | 26 | [email protected] | ||
| Uncategorized | Malta | 2018 | 7 | -- |
Company Profile / Project Introduction
Velar is an inflection point in the journey of DeFi on Bitcoin. Velar is a DeFi liquidity protocol built on Bitcoin via the Stacks smart contract layer solution. As an all-in-one DeFi protocol, Velar will bring a host of DeFi-native features, from token swaps to launchpad infrastructure, to drive the Bitcoin DeFi ecosystem to new heights. Velar opens up the possibility of true DeFi on Bitcoin, thanks to Stacks.