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Ammalgam has successfully raised $2.5 million in a funding round co-led by Faction VC and hiFramework. The investment aims to support the development of the first on-chain Decentralized Lending Exchange (DLEX). The funding round saw participation from prominent investors in the DeFi space, including Moonrock Capital, robot ventures, bodhi ventures, and notable angels such as Kaiynne, K06a, and Spencer Noon. StakeCapital also expressed support for Ammalgam, highlighting their commitment to backing innovative projects in the DeFi sector. Additionally, DeFiCarrot closed a $600k pre-seed round to simplify earning top yields across Solana's DeFi ecosystem.
1/ We're excited to share that we have closed a small $600k pre-seed round! A key step in our mission to simplify earning top yields across Solana's DeFi ecosystem. https://t.co/1Lr4ptfvhS
We’re excited to announce our investment in @ammalgam, joining forces with DeFi OGs like @FactionVC, @hiFramework, @robotventures, @bodhi_ventures, and notable angels including @kaiynne, @k06a, and @spencernoon. Why did we invest into @ammalgam ? Ammalgam is introducing an… https://t.co/lJz5pwrkUE https://t.co/AS89lOlz2V
Proud to be backers of @ammalgam alongside DeFi OGs like @hiFramework, @FactionVC or @kaiynne 🔥 We haven't seen much innovation in DeFi over the last years, but @duelinggalois's vision of a DLEX for better capital efficiency truly stood out. Excited to work with them! https://t.co/BKO9E3abeD
