Composable Finance: Raises $32M in Series A Funding

Composable Finance Raises $32M in Series A Funding

  • Composable Finance, a Berlin, Germany-based DeFi company, raised $32M in Series A funding
  • The company intends to use the funds to expand the team and build products for the blockchain and Web3 industry
  • ComposableFinance is a hyper liquidity infrastructure layer for Defi assets powered by Layer 2 Ethereum and Polkado
  • The fundraise comes after the procurement of two parachains, both on Polkadot (Composable Parachain) and Kusama (Picasso Parachain)
  • The team includes Rob Zhuang, Head of Operations, Zain Awan, Chief Marketing Officer (CMO), and Karel Kubat, Chief Technical Officer (CTO).
Steve Sam
Steve Sam
Steve Sam is a financial reporter, analyst, and commentator with a strong focus on banking technology, digital payments, and the future of financial services.

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