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).